Boeing Rues US-China Trade War as Airbus Wins $37 Billion Deal

A giant aviation deal from China on Friday underscored how trade tension between Washington and Beijing can impact individual companies, with Boeing Co. left looking on as rival Airbus SE scooped up orders worth at least $37 billion.

China’s top three airlines ordered almost 300 Airbus jets -- one of the European planemaker’s biggest ever single-day deals -- in the first major acquisitions since pandemic restrictions isolated the world’s second-largest economy. Such deals tend to be made during state visits or at big industry events, making the timing unusual -- the Farnborough International Airshow doesn’t start until July 18.