• By The Financial District

Boeing Miffed As China's Top 3 Airlines Buy 300 Airbus Jets

In response to China's three largest state-owned airlines purchasing 300 planes from European plane-maker Airbus, Boeing Co. remarked on Friday, July 1, 2022, "it is disappointing that geopolitical differences continue to constrain U.S. aircraft exports."


Photo Insert: The U.S. plane-maker also stated that it will continue to advocate for a fruitful conversation between the U.S. and Chinese governments.



According to Reuters, the U.S. plane-maker also stated that it will continue to advocate for a fruitful conversation between the U.S. and Chinese governments.


As this unfolded, a company executive told reporters on Saturday that Scandinavian airline SAS and its pilots had agreed to prolong their salary talks until Monday in the hopes of avoiding a strike.



According to the unions, up to 1,000 pilots in Denmark, Sweden, and Norway plan to strike if talks fail, which SAS has indicated may leave 30,000 passengers stranded each day, Terje Solsvik also reported for Reuters.


"We need to sleep, none of us have slept for a really long time," SAS' lead negotiator Marianne Hernaes said after the latest session of discussions, which lasted all night.


All the news: Business man in suit and tie smiling and reading a newspaper near the financial district.

A strike would come at a difficult moment for SAS, which is trying to restructure its operations by cutting costs, raising fresh funds, and converting debt to equity as part of a plan to save the carrier from bankruptcy.


Expressen, a Swedish daily, had earlier reported, citing anonymous sources, that a compromise had been reached, but SAS stated negotiations were still underway in the hope of averting a strike.



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