Business Maverick: First Foreign 737 Max Flight Takes to Skies in China After Almost Four Years

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Boeing Co. advanced after Mongolia’s national carrier operated the 737 Max jet in China, marking the first time in almost four years the model was used for commercial services to the country.

A MIAT Mongolian Airlines round-trip flight with passengers between Ulaanbaatar to Guangzhou landed in the southern Chinese city at 8:18am local time on Monday, according to FlightRadar24. MIAT Mongolian Airlines has the trip scheduled to fly again, using the 737 Max, on Oct. 17 and Oct. 24. Both are listed on the carrier’s website.

MIAT received all necessary permission in August to operate the Max into China, and no special permit was required for Monday’s flight, a spokesperson for the carrier said in an email. “The aircraft has undergone all of the work related to the safety bulletins issued by Boeing and authorities and is safe to operate,” the spokesperson said.

Boeing’s shares pared a gain of as much as 4.6% to trade up 1.9% to $132.19 as of 11:14 a.m. in New York. The stock is down about 34% this year. The move is being closely watched as a potential signal the model may be closer to a return to service by Chinese carriers. Boeing officials met with China’s aviation regulator last month to review pilot training criteria for its Max jetliners, in a sign the planemaker is getting closer to securing all the necessary approvals to get the Max back up and flying in China — the last remaining major aviation market not to permit its resumption.

“We continue to work with global regulators and our customers to safely return the 737 Max to service worldwide,” Boeing said in an e-mailed statement, declining to comment further.

 

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