China’s Boeing 737 Competitor Is Allowed US Made Engines After All

News Snapshot:

On Thursday, the United States gave permission to engine giant GE Aerospace to resume shipments of jet engines to Chinese aircraft manufacturer COMAC, as first reported by Reuters, citing sources familiar with the matter. The decision reverses a suspension imposed earlier this year and comes just days before a key trade negotiation deadline between the two countries. Comac has been positioning itself as a direct competitor to Boeing and Airbus in the single-aisle and regional jet markets. The green light for US-manufactured engines removes a major hurdle for the company and will allow it to scale up production and expand...