President Donald Trump announced China’s agreement to purchase 200 Boeing aircraft. This transaction marks the first major sale to the country in nearly a decade.
Boeing shares fell approximately 4.8% following the announcement. The deal lacked specific aircraft models and delivery schedules. Investors previously expected a significantly larger order of up to 500 jets.
Poland Airlines also filed a lawsuit against Boeing. The suit alleges the company concealed safety issues related to the 737 MAX.