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PARIS (Reuters) – Airbus’ (PA:) shares rose to record highs on Wednesday, after its U.S. arch rival Boeing (N:) warned of new issues with the Boeing 737 MAX plane.
Airbus was up by 1.7% at 138.78 euros by 0940 GMT, the top performer on France’s benchmark CAC-40 index ().
Late on Tuesday, Boeing said it did not expect to win approval for the return of the 737 MAX to service until mid-year due to further potential developments in the certification process and regulatory scrutiny on its flight control system.
(GRAPHIC – Airbus vs Boeing: https://fingfx.thomsonreuters.com/gfx/mkt/13/1401/1380/airbus.png)
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