California Jury Awards $40 Million in Johnson & Johnson Talc Cancer Lawsuit 
Woolworths Faces Fresh Class Action Over Alleged Underpayments, Shares Slide 
Coca-Cola’s Costa Coffee Sale Faces Uncertainty as Talks With TDR Capital Hit Snag 
United Airlines Tokyo-Bound Flight Returns to Dulles After Engine Failure 
Korea Zinc to Build $7.4 Billion Critical Minerals Refinery in Tennessee With U.S. Government Backing 
Nomura Expands Alternative Assets Strategy With Focus on Private Debt Acquisitions 
Treasury Wine Estates Shares Plunge on Earnings Warning Amid U.S. and China Weakness 
HSBC’s $13.6 Billion Take-Private Offer for Hang Seng Bank Gains Board Backing 
FDA Says No Black Box Warning Planned for COVID-19 Vaccines Despite Safety Debate 
EU Signals Major Shift on 2035 Combustion Engine Ban Amid Auto Industry Pressure 
Fortescue Expands Copper Portfolio With Full Takeover of Alta Copper 
SpaceX Begins IPO Preparations as Wall Street Banks Line Up for Advisory Roles 
Biren Technology Targets Hong Kong IPO to Raise $300 Million Amid China’s AI Chip Push 
Shell M&A Chief Exits After BP Takeover Proposal Rejected 
Strategy Retains Nasdaq 100 Spot Amid Growing Scrutiny of Bitcoin Treasury Model 
Coca-Cola’s Proposed Sale of Costa Coffee Faces Uncertainty Amid Price Dispute 
Robinhood Expands Sports Event Contracts With Player Performance Wagers 
Boeing is preparing to recommence deliveries of its coveted 787 Dreamliner aircraft to China, according to sources cited by Reuters. This development could pave the way for China to lift its over four-year freeze on deliveries of Boeing's 737 MAX planes.
Juneyao Airlines to Receive New 787 Dreamliner
Reuters reported that Shanghai-based Juneyao Airlines, a privately-owned Chinese carrier, is poised to take delivery of a brand-new 787 Dreamliner transported from Seattle. According to Bloomberg, the unnamed source revealed that the aircraft is expected to depart as early as Thursday.
U.S. Planemaker Advances Towards 737 MAX Deliveries
The Air Current, a renowned trade publication, disclosed that Boeing had recently secured a crucial clearance from China's aviation regulator, the Civil Aviation Administration of China (CAAC). This notable development brings Boeing closer to resuming deliveries of the 737 MAX, a much-anticipated recovery for the company.
The Chinese market has experienced a suspension in orders and deliveries of Boeing planes since 2019, following two fatal 737 MAX crashes in the preceding years. Consequently, the worldwide grounding of the MAX was implemented, significantly impacting Boeing's operations.
Safety Bans Lifted, New Deliveries Await Approval
While the safety bans have been lifted, allowing existing MAX planes to operate within China, the resumption of new deliveries has remained on hold. In response to the latest developments, Boeing emphasized its commitment to supporting its Chinese customers and ensuring that deliveries proceed without delay when the time is right.
The CAAC's deputy head recently warmly welcomed a Boeing executive in Beijing, encouraging the planemaker to expand its presence in the Chinese market. Sources cited by The Air Current confirmed that the regulatory clearance from the CAAC was granted on December 8. However, individual MAX deliveries to China still require China's National Development and Reform Commission (NDRC) approval.
As a sign of potential progress, a 737 MAX aircraft designated for China Southern Airlines, a primary Chinese carrier, recently conducted a customer acceptance flight. This test flight, undertaken by an airline pilot, is typically performed before delivery. Flight tracking data from FlightRadar24 confirmed the flight's departure from Boeing Field in Seattle to Moses Lake, Washington, and its subsequent return.
Photo: Boeing Media Room
