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Boeing Pares Gains as China Regulators Suspend 737 MAX 8 Safety Certification

Martin Baccardax

inked a $34 billion order with Beijing that matches a similar-sized deal made with the world's biggest planemaker during a 2017 visit to China by President Donald Trump. The Civil Aviation Administration of China said Tuesday it had stopped taking new applications for 737 MAX 8 airworthiness as of March 21, confirming an earlier media report that came as Airbus agreed to sell China Aviation Supplies Holding Company 300 new planes worth around €30 billion ($34 billion) at list prices.