Boeing (BA) Stock Gains as China issues airworthiness directive on 737 MAX

December 2, 2021 7:07 AM EST

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Boeing (NYSE: BA) gains 4.8% in pre-open trade as China aviation authority issues airworthiness directive on Boeing 737 MAX.

"After conducting sufficient assessment, CAAC considers the corrective actions are adequate to address this unsafe condition," the regulator said in a statement on its website.

"The CAAC's decision is an important milestone toward safely returning the 737 MAX to service in China," Boeing said on Thursday. "Boeing continues to work with regulators and our customers to return the airplane to service worldwide."



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