Boeing 737 Max Resumes Operation In China After 2019 Grounding: Report
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- Boeing Co (NYSE:BA) has resumed commercial operations of 737 Max in China, after a four-year hiatus.
- China Southern Airlines Co (NYSE:ZNH), China’s largest airline operated the 737-8 Max that was delivered in November 2017, Bloomberg reported.
- The flight took off from Guangzhou and headed to Zhengzhou.
- The 737 Max model was not used to fly passengers in China after it was grounded in 2019 after crashes in Ethiopia and Indonesia, killing 346 people.
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- China was the first country to ground the Max. The service return was approved in December 2021 after the crash-linked software was updated.
- China procured about a third of the 737 jets that Boeing built before grounding. The latest move is expected to Boeing’s export to its most important foreign market.
- Price Action: BA shares are trading lower by 0.43% at $213.40 on the last check Friday.
- Photo Via Wikimedia Commons