Trump Trade Adviser Navarro: We're going to take good care of Boeing - Fox Business

Trump Trade Adviser Navarro: We're going to take good care of Boeing - Fox Business

Boeing has secured a significant order from China Airlines, signaling a strategic move to modernize its fleet and enhance long-haul capabilities. The Taiwanese flag carrier has placed a firm commitment for 10 Boeing 777-9 passenger jets and four 777-8 freighters, with options for an additional nine aircraft [1].

The order, valued at billions of dollars, underscores China Airlines' strategy to capitalize on the rebound in international travel, particularly on key routes connecting Asia with North America and Europe. The 777-9 promises a 20% improvement in fuel efficiency and reduced emissions compared to older generation aircraft, while the 777-8 Freighter offers a 30% improvement in fuel efficiency and emissions [1].

The order coincides with the announcement of a new trade agreement between the U.S. and the U.K., which includes a $10 billion aircraft sale involving Boeing. President Donald Trump described the deal as a comprehensive overhaul of trade terms, reducing tariff and non-tariff barriers while aligning security and industrial policy [2].

The agreement will expand U.K. market access for a wide range of U.S. goods, including aircraft, beef, ethanol, chemicals, machinery, and other industrial products. It also includes plans for historic security alignment between the two nations, incorporating provisions aimed at coordinating industrial and defense-related sectors [2].

Markets responded positively to the news, with the SPDR S&P 500 ETF Trust (SPY) up 0.8%, the Invesco QQQ Trust (QQQ) jumping more than 1%, and the SPDR Dow Jones Industrial Average ETF (DIA) climbing 0.9% [2].

References:
[1] https://airlinegeeks.com/2025/05/08/boeing-lands-new-777x-order/
[2] https://stocktwits.com/news-articles/markets/equity/trump-unveils-us-uk-trade-deal-with-boost-for-steel-agriculture-boeing/chifoL4RbkK