Air China (SHA:601111, HKG:0753) and Xiamen Airlines have returned three Boeing 737 Max jets following China's 125% tariff on US imports, YiCai Global reported April 25.
One jet meant for Air China flew back to Seattle, while Xiamen Airlines returned two last week, according to the report.
Boeing, which already delivered 20 aircraft this year, had planned 29 more deliveries by the end of 2025. However, analysts said the tariffs make this uncertain, YiCai Global wrote.
Airlines may delay expansions or seek alternatives to deal with the 125% tariff on imported aircraft, the report cited aviation expert Lin Zhijie, who added that China's aviation market has excess capacity.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.