Boeing

The US has resumed export of crucial aircraft components, including engines, to China after a month-long hiatus. This follows the recommencement of Boeing aircraft deliveries to Chinese airlines. This policy shift, alongside eased restrictions on chip design software and ethane, signals progress in US-China trade negotiations and a thawing of trade relations.

Boeing forecasts a strong demand for commercial airplanes, projecting 43,600 deliveries by 2044. Though slightly down from last year, this indicates global aviation growth. Single-aisle aircraft will dominate deliveries. However, Boeing lowered passenger traffic and economic growth expectations. The recent 787 crash and production/quality challenges, along with a global aircraft shortage, are hurdles. Boeing stock fell following the tragic event.

The U.S. DOJ finalized a deferred prosecution agreement with Boeing, sparing criminal charges for 737 MAX crashes (2018-2019, 346 fatalities) tied to concealed safety flaws. Boeing will pay $687 million, including $444.5 million for victims, and enhance compliance measures. Victim families denounced the deal as “corporate immunity,” building on their criticism of Boeing’s 2021 $2.46 billion settlement. Legal experts questioned accountability despite a DOJ fraud indictment for misleading regulators. The agreement coincides with Boeing’s $4.7 billion Spirit AeroSystems acquisition, raising concerns about safety reforms. Analysts remain split on whether this resolves Boeing’s legal risks or delays broader reckoning.