Trade tensions between the United States and China are stretching into the aviation sector, affecting airline carrier Juneyao Airlines as it delays the delivery of a Boeing 787-9 Dreamliner. Trade relations have led to increased tariffs on imports between the two countries, impacting the aviation industry and several others.
Juneyao Airlines, which relies on Boeing aircraft to further its long-haul market expansion, faces constraints in achieving its goals due to the current trade situation. According to reports, "Juneyao will now hold off on taking delivery of its latest Boeing jet," continuing to delay its plans until trade tensions subside.
The trade war took an unexpected turn with Donald Trump's increased tariffs on Chinese goods, prompting China to reciprocate. The aviation industry feels the strain with higher tariffs making Boeing aircraft more expensive for Chinese buyers, an expense Juneyao is unwilling to shoulder.