In a significant development, China has reconfirmed that Boeing Co (NYSE:BA) has the green light to recommence deliveries of its 737 MAX 8 aircraft to Chinese customers, ending a two-year import suspension.
What Happened: As per Reuters, when asked about the China Southern Airlines delivery, Chinese foreign ministry spokesman Wang Wenbin reiterated that Boeing has received the approval to deliver 737 MAX 8 to China.
“On Dec. 8, 2023, the Chinese department in charge completed the design approval of the Boeing 737 MAX 8 in accordance with China’s civil aviation regulations, the aircraft is ready for delivery,” Wenbin said.
Boeing delivered its first 737 MAX to a Chinese airline on Wednesday, March 2019. The 737 MAX 8, registered to China Southern Airlines (NYSE:ZNH), is currently grounded in Hawaii on its way from the U.S.
Despite the lifting of safety bans, new deliveries had been on hold due to escalating tensions between Washington and Beijing on various fronts, including technology and national security.
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China’s civil aviation authorities granted Boeing permission to restart 737 MAX 8 deliveries to local clients in December 2023. This decision marks the end of a halt on the U.S. aircraft manufacturer’s most lucrative planes, which was imposed after the first delivery in 2019.
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