Boeing Co. is heading closer toward finalizing a deal with China to sell as many as 500 aircraft, according to people familiar with the matter, a transaction that would end a sales drought that stretches back to US President Donald Trump’s last visit in 2017.

Boeing is in talks with China over a possible order for up to 500 commercial aircraft in what would be a significant win for the US firm.

Boeing is in talks to sell as many as 500 jets to China, Bloomberg News reported on Thursday, citing people familiar with the matter.