Boeing has reduced its output targets for the one jet from 14 per month to 12 in late 2020 after receiving fewer orders than predicted from China , which the company claims is a result of the country's trade war with the US . The U.S.-China trade situation “has presented challenges for our wide-body production plans,” Chief Executive Dennis Muilenburg said during a conference call with analysts. While Washington recently announced completion of stage one of its trade pact with Beijing , Boeing 's CEO Dennis Muilenburg stated that the firm must remain disciplined in its production plan after a reduced order sheet over 2019 . 2019 , the plane manufacturer also reported a 50.6 percent drop in Q3 the last couple of years profits to $ 1.2bn .
Boeing has reduced its output targets for the one jet from 14 per month to 12 in late 2020 after receiving fewer orders than predicted from China , which the company claims is a result of the country's trade war with the US . While Washington recently announced completion of stage one of its trade pact with Beijing , Boeing 's CEO Dennis Muilenburg stated that the firm must remain disciplined in its production plan after a reduced order sheet over 2019 . 2019 , the plane manufacturer also reported a 50.6 percent drop in Q3 the last couple of years profits to $ 1.2bn .