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Boeing to gain as China accepts US safety approval

The aviation agreement is part of an effort between the two nations that dates to 2005

Alan Levin | Bloomberg 

The US and China agreed to recognise the other’s aircraft safety approvals, which may boost the Asian nation’s burgeoning aviation industry and make it easier for companies like Boeing to sell products there. The US-China Bilateral Aviation Safety Agreement was announced Friday, before President Donald Trump is set to travel to China. Each nation will move toward automatic approvals of aircraft designs, manufacturing and equipment, the Federal Aviation Administration said in a press release. It’s similar to agreements between the US and Canada, and the US ...

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First Published: Sat, October 28 2017. 20:15 IST
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