PPA - Boeing's China Deliveries Hit By Regulatory Battery Review: Report | Benzinga
Deliveries of Boeing Co’s (NYSE: BA) aircraft to China reportedly experienced delays due to a review by Chinese regulators of the batteries used in the cockpit voice recorder.
Boeing is collaborating with its Chinese clients on delivery schedules as the Civil Aviation Administration of China (CAAC) completes its evaluation of the 25-hour cockpit voice recorder batteries, reported Reuters.
In its year-end 2023 report, Boeing disclosed it had approximately 140 737 MAX 8 aircraft in stock, with 85 destined for Chinese customers.
Though 22 aircraft were delivered to China by the end of April 2024, no new planes have been sent to Chinese buyers recently due to the ongoing review, per the report.
Boeing CFO Brian West stated last month that ...