Boeing shares rose nearly 3% in premarket trading

Tiger Newspress2022-01-13

Boeing shares rose nearly 3% in premarket trading.Boeing's workhorse 737 MAX jet could return to service in China, after being cleared by regulators in December, later this month, Bloomberg reported Thursday.

Bloomberg News reported the plan is set to resume flights in the coming weeks, but no firm date has been set for its maiden commercial flight following nearly three years of grounding by authorities in Beijing.

China's Civil Aviation Authority (CAAC) issued an "airworthiness directive" on December 2 that provided instructions to airline operators as to what changes are required from the 737 MAX before the planes can be included in fleet operations.

The CAAC, which grounded the MAX in 2019 following the deadly crashes in Indonesia and Ethiopia, invited domestic carriers to comment on changes to the aircraft's aviation control system software and display last month after concluding it was satisfied with Boeing's modification efforts.

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Comments

  • Svkartik
    2022-01-14
    Svkartik
    BA will do well in the Long run and is a stickto add at each market pullbackThe company is a virtual duopoly with Airbusand the airline industry will be buoyant 
  • Panthera
    2022-01-13
    Panthera
    Go Boeing 
  • JWee
    2022-01-13
    JWee
    Very very good! Fantastic!
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