Malaysia lifted its ban on Boeing Co.’s 737 Max jet, ending more than two years of grounding following two crashes involving the aircraft.
The directive is applicable to local and foreign airlines operating commercial flights in Malaysia using the aircraft, the Civil Aviation Authority of Malaysia (CAAM) said in a statement on Thursday.
Malaysia’s decision comes after authorities in several countries cleared the jet to fly again following extensive fixes. The Max was grounded worldwide more than two years ago following crashes in Indonesia and Ethiopia that killed 346 people.
New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), a leading hybrid electric Vertical Take-Off and Landing (“eVTOL”) aircraft developer, announced today it…
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