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Boeing's Strategic Sale Insight
- Boeing's sale of its Jeppesen unit frees $10.6 billion for reinvestment in core operations and culture.
- CEO Kelly Ortberg aims to restore focus on fundamentals amidst recovery and external geopolitical pressures.
China Trade War Hits Boeing Hard
- Boeing's reliance on China is significant as 75% of demand for aircraft was from there.
- The US-China trade war disrupts Boeing's cash flow and raises supply chain costs, complicating its recovery.
Challenges of China's Aviation Ambitions
- China's effort to develop COMAC as a competitor is positive but certification delays limit their capacity.
- Current geopolitical tensions alter travel demand and airline route allocations globally.