China satisfied with Boeing 737 MAX changes, will seek industry feedback

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China’s regulator says it is satisfied that Boeing’s proposed changes to 737 MAX plane could resolve safety problems. Other Asia-Pacific countries have approved the plane’s return

China’s aviation regulator has told airlines it is satisfied that design changes Boeing Co proposed for its 737 MAX plane could resolve safety problems, in a sign it is closer to lifting a more than two-year flight ban in Chinese skies.

A return to the skies in China, the world’s biggest aircraft market, would be a major boon to Boeing. Broker Jefferies said in September an announcement would be worth a 5% boost to the stock price. Around a third of about 370 undelivered 737 MAX airplanes in storage are for Chinese customers, Boeing said last month.

 

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