SEATTLE, Wash. – Boeing is reporting another significant quarterly loss of nearly $5 billion.

Despite the financial hit, the company says this week could be their best in more than six years.

Boeing is close to finalizing a massive order from Chinese Airlines for up to 500 jets. This potential agreement comes after nearly a decade of frozen sales due to trade tensions between the U.S. and China.

The deal is expected to be confirmed soon, with President Trump scheduled to meet with leaders in China and South Korea.

This potential deal could provide much-needed relief for Boeing, which has lost more than $47 billion since the 737 Max crisis in 2019.

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