Boeing is in talks to sell as many as 500 jets to China, Bloomberg News reported on Thursday, citing people familiar with the matter, Reuters reported.
Shares of the U.S. planemaker rose 2% before the market open as the potential order would be China's first major purchase of Boeing jets since U.S. President Donald Trump's visit in his previous term.
The two sides are negotiating the details such as jet models, types and delivery schedules, the report said, adding that the order could be the centerpiece of a trade deal between the world's two largest economies.
Boeing declined a comment to Reuters on the matter.
Such a big deal would be a breakthrough for Boeing in the world's second largest aviation market, where orders have stalled amid U.S.-China trade tensions, according to Reuters.
