China Suspends 737 Max Certificate

The transcript discusses China's swift response to the Boeing 737 Max crisis, highlighting its decision to ground the aircraft and conduct its own regulatory checks. It explores the potential trade implications of China's large Airbus order amidst US-China tensions. The discussion also touches on China's growing role in global aviation regulation and the competitive landscape of budget airlines in Asia.

What was China's initial action following the Ethiopian air crash?

• They ordered new safety checks for all airlines.

• They increased their order of Boeing planes.

• They grounded their fleet of 737 Max planes.

• They suspended all international flights.

What was notable about China's Airbus order during President Xi Jinping's visit to Europe?

• It included only previously made orders.

• It was exclusively for military aircraft.

• It was smaller than expected.

• It was almost double the previously expected size.

How is China positioning itself in the aviation regulatory space?

• By focusing only on domestic flights.

• By taking a leading role and not just following other regulators.

• By following FAA guidelines strictly.

• By reducing the number of regulations.

What is significant about Cathay Pacific's acquisition of Hong Kong Express?

• It marks their entry into the budget airline market.

• It is their first acquisition of a European airline.

• It is a strategy to focus on luxury travel.

• It is a move to exit the Asian market.

What challenge is highlighted in the Asian budget airline market?

• A surplus of pilots.

• A shortage of pilots.

• A decrease in airline competition.

• A lack of passenger demand.