Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Boeing 737 MAX departs for key test flight in China

Published 04/08/2021, 17:13
Updated 05/08/2021, 05:45
© Reuters. FILE PHOTO: FILE PHOTO: The Boeing logo is pictured at the Latin American Business Aviation Conference & Exhibition fair at Congonhas Airport in Sao Paulo, Brazil August 14, 2018. REUTERS/Paulo Whitaker//File Photo/File Photo

By Eric M. Johnson and Norihiko Shirouzu

SEATTLE/BEIJING (Reuters) -A Boeing (NYSE:BA) Co 737 Max jet departed for China on Wednesday to conduct a flight test as part of the U.S. planemaker's attempt to gain approval in the vital travel market following two fatal crashes, people familiar with the matter said.

Flight-tracking site FlightRadar24 showed a 737 MAX 7 test plane taking off from Boeing Field near Seattle at 8:17 a.m. local time (1517 GMT). It landed in John Rodgers Field outside Honolulu nearly 5.5 hours later to complete the first leg of its trip across the Pacific.

Boeing and China regulators have scheduled re-certification flights and testing in the coming days, the people said.

The test plane, which lacks the range for a direct flight, is expected to arrive at Shanghai's Pudong International Airport on Aug. 7, ahead of a simulator test on Aug. 8 and if all goes well a first flight test in China on Aug. 11, one of the people said.

The sources declined to be named because they were not authorised to speak publicly about the matter.

A Boeing spokesperson declined to comment on the flight and referred questions to regulators. "Boeing continues to work with global regulators as they complete their validation processes in order to better understand enhancements to the airplane," the spokesperson said.

Civil Aviation Administration of China did not respond immediately to a request for comment.

Some 30 airlines and 175 countries have allowed the 737 MAX to return to service following a nearly two year safety ban after crashes five months apart killed 346 people, plunging Boeing into a financial crisis long-since compounded by the global coronavirus pandemic.

Boeing's 737 MAX remains grounded in China, where trade tensions between Washington and Beijing have cut off sales for years, though Chief Executive Dave Calhoun said last week he still expects the 737 MAX to win approval before year-end.

© Reuters. FILE PHOTO: FILE PHOTO: The Boeing logo is pictured at the Latin American Business Aviation Conference & Exhibition fair at Congonhas Airport in Sao Paulo, Brazil August 14, 2018. REUTERS/Paulo Whitaker//File Photo/File Photo

Before the 737 MAX was grounded in March 2019 after a second fatal crash, Boeing was selling one quarter of the planes it built annually to China buyers. For years, simmering geopolitical tensions between Washington and Beijing have caused uncertainty.

Industry sources have also cautioned that the worsening COVID-19 pandemic situation in China may delay the planned testing.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.