Boeing 737 Max Resumes Operation In China After 2019 Grounding: Report - Boeing (NYSE:BA)

Boeing Co BA has resumed commercial operations of 737 Max in China, after a four-year hiatus.
China Southern Airlines Co ZNH, China’s largest airline operated the 737-8 Max that was delivered in November 2017, Bloomberg reported.
The flight took off from Guangzhou and headed to Zhengzhou.
The 737 Max model was not used to fly passengers in China after it was grounded in 2019 after crashes in Ethiopia and Indonesia, killing 346 people.
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China was the first country to ground the Max. The service return was approved in December 2021 after the crash-linked software was updated.
China procured about a third of the 737 jets that Boeing built before grounding. The latest move is expected to Boeing’s export to its most important foreign market.
Price Action: BA shares are trading lower by 0.43% at $213.40 on the last check Friday.
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