Boeing is closing in on one of the largest sales in its history, a 500-aircraft order for 737 Max jets set to be unveiled when U.S. President Donald Trump travels to Beijing for his first state visit to China since 2017, Bloomberg News reported on Friday, citing people familiar with the matter.
The two sides are also in talks for a widebody sale that includes about 100 Boeing 787 Dreamliner and 777X jets, the report said.
Boeing did not immediately respond to a Reuters request for comment.
Shares of the company were up 3.7% in afternoon trading.
Trump plans to visit China from March 31 to April 2, with Xi expected to visit Washington later in the year, the report added.
This follows Trump’s threat to export controls on Boeing plane parts in Washington’s response to Chinese export limits on rare earth minerals.
During clashes with Trump over trade, Beijing in April ordered Chinese airlines to temporarily stop taking deliveries of new Boeing jets.
The planemaker has also landed several large sales from foreign carriers following visits by Trump.
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