U.S. Markets open in 5 hrs 50 mins

Chinese Airlines Become Collateral Damage in U.S. Trade Spat

Kyunghee Park, Dong Lyu
Chinese Airlines Become Collateral Damage in U.S. Trade Spat

Chinese airlines ordered more than $100 billion of planes from Airbus SE and Boeing Co. in the past decade. Paying those bills is getting harder with the prospect of a trade war pushing the local currency to its lowest level in six months. A weaker yuan means Air China Ltd., China Southern Airlines Co. and China Eastern Airlines Corp. will find it more costly to pay for new aircraft, which are priced in dollars.