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Completely dumbfounded! The $30 billion order was banned by China, and Boeing's market value shrank by 400 billion

author:Allison Vision

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Completely dumbfounded! The $30 billion order was banned by China, and Boeing's market value shrank by 400 billion

Lead:

Boeing Aircraft Company continues to focus on the Chinese market, which is critical to its business development.

What's even more embarrassing is that

Completely dumbfounded! The $30 billion order was banned by China, and Boeing's market value shrank by 400 billion

1. Boeing's collapse in China: a $300 billion Waterloo

Amid a tumultuous global economic showcase, more and more aircraft manufacturers are turning to the East – an opportunistic Chinese market that Boeing has long regarded as an important marketing arsenal.

Aircraft manufacturers are staring at the dramatic change – looking at the fat contracts that have been carved up by other companies, and all Boeing can do is go home empty-handed and disappointed.

Completely dumbfounded! The $30 billion order was banned by China, and Boeing's market value shrank by 400 billion

Not only that, but the blow to Boeing is far from over. The precarious status quo of Boeing is a source of regret for the world, especially those who have always looked up to and expected it.

Completely dumbfounded! The $30 billion order was banned by China, and Boeing's market value shrank by 400 billion

This is just the beginning of Boeing's setbacks in the Chinese market. Next, the problems they encounter will be even more difficult...... Since then, China's huge market demand has spurred the boom of local airlines.

Completely dumbfounded! The $30 billion order was banned by China, and Boeing's market value shrank by 400 billion

2. The Rise of COMAC: A Turning Point in the Situation

If Boeing's defeat in China is a tragedy, the rise of COMAC is undoubtedly a comedy.

COMAC won this "big fish" under difficult circumstances. The price of each order is $99 million, and the total value is up to $9.9 billion.

Completely dumbfounded! The $30 billion order was banned by China, and Boeing's market value shrank by 400 billion

This battle for orders is undoubtedly a huge victory for COMAC on the global stage. When they sit on the throne of the winner, the overseas competitors who have become virtual can only stand aside, and can only look at the ocean and sigh. This is a China-led game-changer and a powerful demonstration of China's strength.

This great victory of COMAC is undoubtedly a huge breakthrough in China's aviation industry. When this brand new player "broke into" the global aviation market, they stunned many onlookers, and more importantly, they broke the market monopoly of Western giants with their strength and belief, showing the amazing power of an Eastern dragon.

Completely dumbfounded! The $30 billion order was banned by China, and Boeing's market value shrank by 400 billion

3. Boeing's Controversy over Safety Credibility: A Catastrophic Blow

Just as Boeing was trying to recover from the shock of the Chinese order, it was plagued by another crisis, this time called "security." The Boeing 737 MAX family, a name that once made countless people yearn for it, has now become a nightmare for them.

Completely dumbfounded! The $30 billion order was banned by China, and Boeing's market value shrank by 400 billion
Completely dumbfounded! The $30 billion order was banned by China, and Boeing's market value shrank by 400 billion

Like a sandstorm, Boeing's credibility collapsed in an instant. Especially for frequent flyers, Boeing is no longer reliable. This makes Boeing the focus of global attention, and under the focus, they can only stoop to accept the blow of reality.

Completely dumbfounded! The $30 billion order was banned by China, and Boeing's market value shrank by 400 billion

This safetygate incident is undoubtedly a heavy blow to Boeing's reputation. How did they get out of this crisis? What is their solution? And how do they face the booming COMAC?

4. The impact of the US-China trade war: the impact of the aircraft industry

Just before the Boeing whirlpool safety gate incident subsided, another behemoth shook the world,

Completely dumbfounded! The $30 billion order was banned by China, and Boeing's market value shrank by 400 billion

The aircraft manufacturing industry is always under the traction of national policies. From time to time, the wind and clouds change color, and the tension is mixed with each other. At this moment, the rise of the Sino-US trade war has added a heavy touch to this drama.

It is conceivable that the trade war between China and the United States will undoubtedly be a disaster for Boeing. China, Boeing's largest market, is now their night ship. Perhaps the trade war between China and the United States is just a change of policy, but for Boeing, it means the key to life and death.

Completely dumbfounded! The $30 billion order was banned by China, and Boeing's market value shrank by 400 billion

Epilogue:

Boeing's predicament is not limited to China, but also airlines in South America, Southeast Asia, and the Middle East plan to reduce their purchases of Boeing aircraft and become interested in COMAC's C919 aircraft. It seems that COMAC, which squeezes Boeing's orders, will be a persistent phenomenon.

Completely dumbfounded! The $30 billion order was banned by China, and Boeing's market value shrank by 400 billion

Europe and the United States restrict our domestic aircraft from obtaining flight certification, which is just a small hurdle in front of us, and finally our Chinese opportunity to break through the encirclement, so that the whole world can witness its soaring figure and feel its comfort and safety.

What do you think about this?

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