Chicago, Illinois - Boeing urges that the trade war between the US and China pose risk for the Boeing 787 program. The widebody jet is currently only revenue generator of the Boeing Commercial Aviation in the absence of banned 737 MAXs.
Boeing's best-selling widebody could become a victim of the deepening trade crisis between the two superpowers.
Boeing chief executive Dennis Muilenburg says that the showdown between the two economic giants poses new risks for the production and delivery of the Boeing's Dreamliner family planes that are widely used by Chinese carriers.
We’re still hopeful that a trade deal will be accomplished and that airplanes will be part of that,
Muilenburg said on Sept. 11 at a conference held by the investment bank and financial services provider Morgan Stanley.
But a lack of a trade deal does add risk to our wide-body skyline. So we’re paying close attention,
the chief executive added.
The Dreamliner program is the Boeing’s most-advanced aircraft program in terms of technology and a critical revenue source amidst the global 737 MAX grounding that already extended beyond six months.
Boeing currently produces 13 787 jets per month. The driver of this record production is mainly the increasing demand to the aircraft by the Chinese airlines.
But without new orders, Boeing cannot keep this production pace from 2022, analysts say.
Around 17% of all Dreamliners produced so far were delivered to the Chinese operators. If no agreement reached between the Us and China, maintaining the current production rate could risk the profitability of the program.
Boeing and Airbus predict new widebody orders from 2020 as some of the aging Airbus A330s, A340s, and Boeing 777s that are already phased out by global airline operators.