Boeing's tenuous recovery in China shaken by 737 jet crash

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CHICAGO - Boeing Co faces a new crisis after a 737 jet fell out of the sky in China, renewing concerns about its best-selling family of planes and extending one of the most turbulent periods in the a

viation titan's century-long history.nose-dived Monday into mountainous terrain with 132 people on boardThe model is part of the so-called"next generation" of 737s that have amassed a good safety record since they were introduced in the 1990s.

Boeing had been on the verge of returning its Max aircraft to commercial service in the country, whose regulators were the first to ground the model in 2019. Its shares fell 3.6 per cent to US$185.90 at the close of trading in New York and have tumbled 7.7 per cent so far this year.Flight MU5735 was cruising more than an hour into its flight from Kunming, the capital of China's Yunnan province, to the port city of Guangzhou when it plunged sharply.

Just as the earlier dive would have flung items to the ceiling, the climb would have created huge gravitational forces, pinning people in their seats. In a sign of the potential thawing in its largest overseas market, Boeing last week sent the first Max across the Pacific Ocean since the jet's grounding to its Chinese delivery centre south of Shanghai.China Eastern Airlines plane crashes in Guangxi: Previous aviation incidents in China

Executives had targeted delivering around 500 Max jets this year, with China's airlines taking their first Boeing narrowbodies in three years.

 

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