Boeing today announced that Landon Loomis, a Mandarin speaker and former White House advisor, will be the new president of Boeing China.
Analysts predict that his extensive experience in Beijing will help stabilize the planemaker’s position amid rising U.S.-China tensions.
Loomis will assume the role previously held by Alvin Liu, who was appointed to the position in August 2023. Before the appointment, Loomis was the president of Boeing Latin America and the Caribbean and also served as CEO of Boeing Brazil.
Today, Brendan Nelson, President of Boeing Global, told investors, “There was no one better qualified for the Boeing China president’s role than Landon Loomis. Landon will continue to build upon our longstanding partnership and presence in China, drawing upon his deep industry and government experience and his own experience living and working in China.”
The announcement follows President Trump’s earlier statements this month, in which he threatened to halt Boeing plane part exports in response to Beijing’s stricter export restrictions on rare earth minerals.
President Trump stated: “We have many things, including a big thing is airplane. They (China) have a lot of Boeing planes, and they need parts, and lots of things like that.”
Boeing shares dropped slightly in premarket trading following the announcement.
By CEO NA Editorial Staff