1443 ET - China's halting of new orders of Boeing aircraft is likely unsustainable, Bank of America analyst Ronald Epstein says. China can rely on its leased aircraft inventory for a while, but not forever, and its domestically based planemaker Comac is heavily dependent on parts from the U.S.European rival Airbus can gain some share but can't realistically fill Boeing's shoes as China's largest jet supplier due to capacity constraints, he says. Even if this cutoff is prolonged, Boeing should be able to reallocate its aircraft supply to other airlines in other countries such as India, Epstein says. Boeing shares fall 1.5% to $156.82. (katherine.hamilton@wsj.com)
(END) Dow Jones Newswires
April 15, 2025 14:43 ET (18:43 GMT)
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