Following a major Newswire story that Chinese airlines may begin flying Boeing 737 MAX jets again this month, Boeing stock climbed 2.5% in premarket trade on Thursday.

Following two deadly crashes in 2018 and 2019, regulators in the world's largest aviation market have ordered the planes to be grounded. Boeing has now made computer adjustments to the narrow-body planes, which were once the company's most profitable product. A separate electrical issue forced the company to temporarily cease deliveries of the same planes in April of last year.China clears Boeing 737 Max to fly again- The New Indian Express

Last month, China's Civil Aviation Authority granted the jets an airworthiness certificate, instructing the country's airlines to remark on the manufacturer's revisions. Those remarks were made in November.

More than a year ago, US regulators gave their authority to operate the jets again.

Boeing announced on Tuesday that it has received net orders for 535 planes in 2021, edging out arch-rival Airbus' bookings of 507 planes.

According to a September projection from Boeing, the industry will likely receive 19,330 planes over the next ten years, falling short of the estimate it made in 2019.