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Boeing hands over first 787 Dreamliner to China since 2019

INBV News by INBV News
December 24, 2023
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Boeing hands over first 787 Dreamliner to China since 2019
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The Boeing 787 Dreamliner sits on the tarmac at Boeing Field in Seattle, Washington.

Robert Sorbo | Reuters

Boeing on Thursday handed over a 787 Dreamliner on to a Chinese airline for the primary time since November 2019, a milestone that might open up the potential for deliveries of the manufacturer’s money cow, the 737 Max.

The Boeing 787-9 for privately owned Juneyao Airlines departed from outside of Boeing’s Everett, Washington, factory for Shanghai, Boeing said Thursday. The last recent delivery of a recent Boeing 787 to a Chinese airline was in 2021 through a leasing company.

Boeing sent the aircraft as China’s pause on scores of pending deliveries of the Boeing 737 Max, the corporate’s bestselling jet, nears its fifth 12 months.

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China grounded that jet in March 2019 within the wake of the second fatal crash of the plane in about five months, and other countries followed. The U.S. lifted its ban in 2020 and others later followed suit.

Boeing has been scrambling to extend production and deliveries of latest jets, when manufacturers receive the majority of an airplane’s price.

Just over a 3rd of Boeing’s inventory of about 250 Max planes are dedicated to Chinese airlines, in line with Jefferies. Boeing had remarketed a number of the other Maxes to other carriers.

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