FILE PHOTO: Visitors look at models of Boeing aircrafts at the Aviation Expo China 2015, in Beijing, China, September 16, 2015. REUTERS/Jason Lee/File Photo
BEIJING: China’s Juneyao Airlines Co is delaying delivery of a Boeing Co widebody aircraft, according to people familiar with the matter, highlighting how the escalating trade war between Washington and Beijing is driving up the price of big-ticket goods.
Juneyao was due to take delivery of the 787-9 Dreamliner, valued at about US$120mil, from the US planemaker in about three weeks, but will now hold off due to President Donald Trump’s tariffs on China, said the people, asking not to be identified discussing information that’s private.
