China Considers Ending Boeing 737 Freeze, Boosting Shares and Orders

Boeing shares surged 4% after reports suggested that China may lift its freeze on purchases of the 737 MAX aircraft, which has been in place for over four years. This news, combined with bumper jet orders from Middle Eastern airlines at the Dubai Airshow, boosted investor optimism. Boeing also secured orders for 125 widebody jets worth over $50 billion from Emirates and flydubai. The potential reopening of the Chinese market and the contracts at the Dubai Airshow are seen as positive signs for Boeing, which has underperformed in recent months.