Boeing just reported another massive loss. It still might be its best week in more than six years

Boeing 737 Max aircraft fuselages are pictured at the company's Renton factory in Renton, Washington. Jason Redmond/AFP/Getty Images

Boeing reported yet another massive quarterly loss Wednesday. It could still be an extremely good week to be Boeing.

That’s because the US planemaker could finally get a huge order from Chinese airlines, a market that the company has been frozen out for nearly a decade.

Boeing is reportedly close to reaching a deal that could result in as many as 500 jet orders from Chinese airlines in the coming days or weeks, possibly as soon as President Donald Trump meets with Chinese leader Xi Jinping in South Korea on Thursday, according to multiple outlets .

Deals of this magnitude, which require the approval of the Chinese government and not just the airlines,