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Boeing Co (NYSE:BA) secured pivotal approval from China’s aviation regulator, taking the airplane manufacturer one step closer to recommencing its 737 MAX deliveries in China after a hiatus of over four years. What Happened: The Civil Aviation Administration of China (CAAC) has given Boeing its crucial approval, edging the company towards resuming the 737 MAX aircraft deliveries that were suspended in 2019 due to two deadly crashes, reported The Air Current. However, individual aircraft deliveries still require the green light from China’s National Development and Reform Commission (NDRC), the…

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