China Claims Boeing Has Approval to Resume 737 MAX 8 Deliveries

China said on Thursday that it granted Boeing (NYSE: BA) permission last month to begin deliveries of its 737 MAX 8 to domestic clients

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China Claims Boeing Has Approval to Resume 737 MAX 8 Deliveries

China said on Thursday that it granted Boeing (NYSE: BA) permission last month to begin deliveries of its 737 MAX 8 to domestic clients

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The issue forced the aviation regulator to stop 171 737 MAX 9 planes and disrupt hundreds of flights by US carriers.

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China is one of the world’s fastest-growing aerospace markets, with Boeing projecting that it would account for 20% of global aircraft demand by 2042.

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China was the first to stop MAX planes following two incidents in 2018 and 2019, which killed roughly 350 people.

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Analysts believe it is too early to predict what this would entail for the world’s two largest countries’ troubled trade ties.

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The MAX handover follows Boeing’s first straight delivery of a 787 Dreamliner to a Chinese client in December 2019.

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