Seattle U professor: Boeing’s year-over-year quarterly results are great

Boeing CEO says the US-China trade war won’t stop financial recovery or aircraft deliveries despite airlines refusing planes.

EVERETT, Wash. — Boeing CEO Kelly Ortberg said Wednesday that he doesn’t expect the U.S. trade war with China to forestall the company’s financial recovery, nor prevent it from reaching aircraft delivery targets with Chinese airlines now refusing to accept Boeing planes.

Speaking on CNBC, Ortberg said that Boeing had three airliners in China ready for delivery but brought two of them back to Seattle so far because the Chinese airlines that ordered the planes “stopped taking delivery of aircraft due to the the tariff environment.”

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