Boeing's CEO confirmed Wednesday that China had stopped accepting new aircraft due to the US-China trade war, as the company's shares surged following a smaller than expected loss.

BOEING CEO SAYS COMPANY WON'T RAMP UP PRODUCTION YET, VOWS TO 'GET IT RIGHT' In comments on CNBC, Ortberg said China has sent back two of the three aircraft it had in the country that were ready ...

Boeing could hand over some of its aircraft that were destined for Chinese airlines to other carriers after China stopped taking deliveries of its planes amid a trade war with the United States.

Boeing CEO Kelly Ortberg says the aerospace giant will look to protect its turnaround efforts amid the ongoing trade tensions between the U.S. and trading partners like China.