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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Boeing Co | NYSE:BA | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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-0.53 | -0.31% | 169.70 | 2,893 | 10:59:21 |
By Chester Tay
KUALA LUMPUR--Malaysia has cleared Boeing's 737 MAX jet to return to its airspace, ending a nearly two-and-a-half-year ban on the aircraft in the Southeast Asian nation.
The Civil Aviation Authority of Malaysia said Thursday that it has revoked its ban, following a review of U.S. Federal Aviation Administration and Boeing publications related to the 737 MAX's return to service. Malaysia, like other countries around the world, had barred the operation of the aircraft in March 2019, following fatal crashes in Ethiopia and Indonesia.
The Southeast Asian noted that 176 countries worldwide have already revoked airspace prohibitions on the 737 MAX, including 17 in Asia.
State-owned Malaysia Airlines Bhd., which had suspended deliveries of 25 737 MAX aircraft in the wake of the crashes, said in May that it plans to receive the jets beginning 2024.
Write to Chester Tay at chester.tay@wsj.com
(END) Dow Jones Newswires
September 02, 2021 06:07 ET (10:07 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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