India lifts Boeing 737 Max jet ban, leaving China as last hurdle
Al Jazeera
The Max was grounded more than two years ago following crashes in Indonesia and Ethiopia that killed 346 people.
India lifted its ban on Boeing Co.’s 737 Max jet, a major boost to the American planemaker that leaves China as the only leading aviation market yet to allow the aircraft to resume service. India’s decision comes after it observed “no untoward reporting” on jets already flying since 17 global regulators allowed it to resume flights, the Directorate General of Civil Aviation said in an order posted on its website on Thursday. Boeing rose 0.4% to $222 before the start of regular trading in New York. The stock had climbed 3.3% this year through Wednesday while the Dow Jones Industrial Average advanced 16%.
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