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Boeing Sees Significant Gain in China Traffic on Visa Changes

Boeing Co. is seeing a significant uptick in China traffic as the government eases travel restrictions and moves toward a service-based economy, even as the Chinese economy grows at its slowest pace in more than 20 years.

“We see no slowdown in traffic domestically, traffic regionally, and actually see an uptick, significant internationally, especially as the Chinese government has changed policies around visas,” Randy Tinseth, vice president of marketing at Boeing Commercial Airplanes, said in a Bloomberg Television interview Thursday.

Boeing has announced plans for the company’s first facility in China, as it predicts the country will displace the U.S. as the world’s largest aircraft and travel market over the next two decades. Travel to and from China has received a boost from relaxed visa requirements to China and as higher disposable income lets more Chinese...


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