Boeing ’s business has been directly delivered to China for the first time in four ye

(Beijing / Alington Comprehensive News) The US Boeing Company announced on Thursday (December 21) that a 787 dream passenger plane was delivered to Jixiang Airlines.This is the first time that Boeing has delivered commercial passenger planes directly to Chinese airlines in four years, or it may be the prelude to restarting Boeing 737 MAX.

Comprehensive Reuters and Bloomberg reported that Boeing confirmed the matter in a statement.The flight tracking platform Flightaware showed that a Boeing 787-9 aircraft that provided China Auspicious Airlines flew to Shanghai from Evatt, Washington, USA.Another 787 passenger plane that is about to be delivered to China Oriental Airlines, it is reported to be prepared.

Boeing 737 MAX models have been grounded for a long time due to two air crash. Boeing has not directly delivered 787 passenger planes to China since November 2019. The last time was completed in 2021 through the US rental company.

Financial institution Jefu Rui said that after 787 is expected to be delivered, the 737 MAX delivery will also restart.Airline magazine reported on December 20 that Boeing has been approved by Chinese aviation regulatory agencies to be delivered to 737 MAX.According to the official website of the China Civil Aviation Administration, Hu Zhenjiang, deputy director of the Civil Aviation Administration, met on December 8 to meet with Fleming, senior vice president of Boeing Group, and said that Boeing was welcome to develop deeply in the Chinese market.Sources revealed that Boeing was a green light from the Chinese regulatory agency on the same day.

Reuters pointed out that the resumption of delivery symbolizes Boeing's door to one of China's most important aviation markets in China.Among the Boeing about 220 aircraft inventory, 85 are 737 MAX models that have been built but not delivered to China, and 12 of the 60 787 passenger aircraft that are not delivered are specifically prepared for China.Boeing is expected to need 8560 new commercial planes by 2042, accounting for 20%of global demand.

Analysts pointed out that the resumed delivery of aircraft to China may have a positive impact on the Boeing 2025 to 2026 free cash flow target.Boeing's stock price rose 1.6%before the opening of the US stocks, and has risen 47%since the end of October.