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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