China issues directive to bring Boeing 737 Max back to the skies after more than 2 years



The photo was taken in Zhoushan in China's eastern Zhejiang province, where a ceremony took place for the delivery of a Boeing MAX 8 airplane to Air China.

The jets could soon be flying in China after the Chinese aviation regulators ordered airlines to make the necessary changes.

China was the first of many countries to ground the Boeing Max in March after the second of two fatal crashes in five months. The FAA cleared the planes to fly after Boeing made changes.

The Civil Aviation Administration of China said that the corrective actions are adequate to address the unsafe condition.

The aircraft manufacturer's shares were up 4% in premarket trading, while the fuselages maker was 9% higher.

Boeing said that the CAAC's decision is an important milestone in the return of the MAX to China. Boeing is working with regulators and customers to return the airplane to service.

The CEO of Boeing told analysts on a call in October that the company expected China to lift the ban on its planes by the end of the year and that deliveries would likely resume in the first quarter of 2022.

The CFO said on the call that about one third of the planes in inventory are for Chinese airlines.