Predict your next investment

Corporation
AUTOMOTIVE & TRANSPORTATION | Air
csair.com

See what CB Insights has to offer

Founded Year

1988

Stage

PIPE | IPO

About China Southern Airlines

China Southern Airlines is an airline headquartered in Guangdong Province, China.

China Southern Airlines Headquarter Location

Nanlian Food Company Building, Konggang Sixth Road Baiyun International Airport

Guangzhou, Guangdong,

China

+86-4008695539-1-4

Latest China Southern Airlines News

China lets Boeing 737 Max return to the skies

Dec 3, 2021

byJOE MCDONALD THE ASSOCIATED PRESS|Today at 1:35 a.m. China Southern Airlines Boeing 737 Max airplanes are parked at the edge of the tarmac at Urumqi Diwopu International Airport in Urumqi in western China’s Xinjiang Uyghur Autonomous Region in April. China’s aviation regulator cleared the Boeing 737 Max on Thursday to return to flying with technical upgrades more than two years after the plane was grounded worldwide. (AP/Mark Schiefelbein)   BEIJING — China’s aviation regulator cleared the Boeing 737 Max on Thursday to return to flying with technical upgrades more than two years after the plane was grounded worldwide following two fatal crashes. China is the last major market where the Boeing 737 Max was awaiting approval after the United States allowed flights to resume in December 2020 and European Union regulators gave permission in January. Brazil and Canada also have given approval. Governments grounded the Boeing 737 Max after a total of 346 people were killed in the crashes of a Lion Air flight in Indonesia on Oct. 29, 2018, and an Ethiopian Airlines flight on March 10, 2019. Investigators blamed a flight-control computer system that pushed the plane’s nose downward in flight and couldn’t be overridden by pilots. Chinese pilots will need to complete new training before commercial flights can begin, the Civil Aviation Administration of China said on its website. It said Boeing Co. is required to install additional software and components. “CAAC considers the corrective actions adequate to address this unsafe condition,” the agency said in an airworthiness directive. Boeing’s shares jumped 7.6% in New York trading Thursday. “The CAAC’s decision is an important milestone toward safely returning the 737 Max to service in China,” Boeing said in a statement. It said the company was working with regulators “to return the airplane to service worldwide.” Boeing fired the chief executive in charge at the time the 737 Max was developed, Dennis Muilenburg. The company agreed in a settlement of a lawsuit by shareholders to add a board member with a background in aviation or aerospace engineering or product safety and create a safety ombudsman’s office. Boeing, headquartered in Chicago, was required to redesign the system during a process overseen by an unusually broad array of regulators from the United States, Europe, China and the Middle East. China has the largest 737 Max fleet after the United States, with 97 aircraft operated by 13 carriers before the suspension, according to state media. China is especially important to Boeing and its European rival, Airbus, because they are counting on its expanding travel market to propel sales growth. North American and European demand are forecast to be flat in coming decades. In January, Boeing agreed to a $2.5 billion settlement with the U.S. Justice Department to avoid criminal prosecution for misleading regulators about safety of the Max. Most of the money will go to airlines that bought the jets. Information for this article was contributed by Yu Bing of The Associated Press. ADVERTISEMENT

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

China Southern Airlines Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

China Southern Airlines Rank

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.