As 2023 came to a close, all Boeing Co (NYSE:BA) 737 MAX jets under Chinese airlines resumed operations, marking an end to their worldwide grounding since 2019 following two fatal crashes.

What Happened: Liu Qing, CEO of Boeing China, disclosed on Chinese social media that approximately 100 of the 737 MAX planes are back in service. Liu also reported that Boeing has delivered new planes to Chinese customers this year, though he did not specify the models, Reuters reported.

The aircraft had been suspended globally after devastating crashes in Ethiopia and Indonesia, which led to significant changes in both the aircraft and the training of pilots. Chinese airlines initiated the reoperation of these planes in January 2023.

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This resumption of operations indicates a potential renewal in the relationship between Boeing and China and a financial benefit for the company as it can now unload dozens of aircraft from its inventory. This development comes after Boeing’s exclusion from new orders from China in 2017 due to U.S.-China trade tensions.

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