China gives approval to Boeing 737 MAX
Shares of Boeing rocketed after the decision, which also clears the way for it to deliver more than 100 MAX aircraft to Chinese carriers that were produced during the more than two years the plane was grounded in China following two deadly crashes.
"This will give Boeing the assurance to begin to ramp plane production back up," said Michel Merluzeau, an analyst at AIR consultancy, adding that the action amounts to the "light at the end of the tunnel" for the MAX's travails.
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