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Market Chatter: Boeing Restarts Wide-Body Jet Deliveries to China, Reuters Reports
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Market Chatter: Boeing Restarts Wide-Body Jet Deliveries to China, Reuters Reports
Jul 1, 2024 2:19 AM

04:46 AM EDT, 07/01/2024 (MT Newswires) -- Boeing ( BA ) has restarted wide-body plane deliveries to China that were halted in May due to a review by the Civil Aviation Administration of China of batteries in 25-hour cockpit voice recorders, Reuters reported Monday citing flight tracking data and two unnamed sources.

Two brand-new Boeing ( BA ) wide-body 777 freighters registered to Air China Cargo flew from Everett Paine Field in Washington state, where Boeing ( BA ) has a factory, to Beijing on Friday and Sunday, according to flight tracking platform FlightRadar24.

A source told Reuters that all Boeing ( BA ) deliveries to China are now set to resume.

China suspended most orders of Boeing ( BA ) planes in 2019 after the 737 MAX was grounded globally following fatal crashes, and deliveries of the wide bodies had just re-started in December 2023, the report said.

Boeing ( BA ) did not immediately respond to MT Newswires' request for comment on the matter.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 182.09, Change: +0.08, Percent Change: +0.04

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