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Boeing shares climb after 737 MAX is approved to fly

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Boeing’s stock price soared early Friday as Europe’s top aviation regulator said the company’s beleaguered 737 MAX plane was safe enough to start flying again. …
Boeing’s stock price soared early Friday as Europe’s top aviation regulator said the company’s beleaguered 737 MAX plane was safe enough to start flying again. Shares in the Chicago-based planemaker rose about 5.5 percent in premarket trading to $173.40 as of 8:44 a.m. after Patrick Ky, executive director of the European Union Aviation Safety Agency, said the troubled jet could return to service in Europe by the end of the year. “Our analysis is showing that this is safe, and the level of safety reached is high enough for us,” Ky told Bloomberg News in an interview published Friday.

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