Boeing hopes to find new buyers for up to 50 planes returned by China

Group 1 - Boeing plans to divert up to 50 planes ordered by Chinese airlines to other customers due to steep tariffs resulting from the trade war initiated by Donald Trump [1][8] - The company is confident in finding alternative buyers and is lobbying for a resolution to the tariff situation [1][3] - Two Boeing jets have returned to the US from China, with another on the way, following the imposition of 125% tariffs on American imports by China [2] Group 2 - Boeing's CEO, Kelly Ortberg, expressed hope that the tariffs could be resolved over time and noted that the company's losses for Q1 2025 narrowed to $31 million compared to $355 million a year earlier [3][6] - Despite the tariffs, overall demand for planes remains strong, allowing Boeing to continue increasing production of its 737 Max to 38 per month [6] - The company has received inquiries from airlines outside China for the planes originally destined for Chinese customers, indicating a potential for re-marketing [5][6] Group 3 - Boeing, as the largest goods exporter in the US, is significantly impacted by China's retaliatory measures against Trump's trade policies [8][10] - The company has strong political connections in Washington, which it is leveraging to address the challenges posed by the tariffs [8] - Ortberg highlighted the risk of being shut out of one of the fastest-growing markets, especially if competitors like Airbus continue to sell in China [9]