fbpx

Stay Informed. Stay Competitive. Get Free Email Updates Dow 30 & Emerging Growth

Stay Informed. Stay Competitive.

Get Free Updates

Dow 30 & Emerging Growth

Boeing’s 737 MAX Believed To Resume Operations In China Around Year-End

By John F. Heerdink, Jr.

Reportedly, Boeing Co’s (BA) 737 MAX operations are expected to resume by the end of this year or the beginning of next year informed China’s aviation regulator. The Civil Aviation Administration of China (CAAC) was the first regulator globally to ground the MAX in March 2019 after two deadly crashes.

The regulatory body also provided airlines with a list of fixes required before the MAX returns to service. In the next stage, the planes will require to be modified and removed from storage and pilots will require additional training, informed CAAC official Yang Zhenmei. Boeing was selling one-quarter of the planes it manufactured annually to Chinese buyers, it’s largest customers before the MAX was grounded.

In October David Calhoun, Boeing Chief Executive informed that the company was working toward gaining Chinese approvals for Max to fly by the end of the year with deliveries expected to resume in the first quarter of 2022. Other Asia-Pacific countries including Singapore, India, South Korea, Japan, Australia, and Fiji have already approved the return of the MAX.


Dow 30 component Boeing (NYSE: BA) is the world’s largest aerospace company and leading manufacturer of commercial jetliners and defense, space, and security systems. To learn more about Boeing (BA) and to track its ongoing progress please visit the Vista Partners Boeing (BA) Coverage Page.



Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

Stay Informed! Stay Competitive! Please join us at Vista Partners, receive our FREE email updates throughout the week, and view our exclusive content and research.

(Read Original Story: UPDATE 3-China's aviation regulator expects 737 MAX to resume flights around year-end in Reuters)


YOUR GUIDE TO STAYING INFORMED IN THE MARKETS

Subscribe for FREE Email Updates & Access To EXCLUSIVE Research!

Connect with us