BUZZ-Boeing responds to China Airbus order; shares tick higher

Airbus SE

01/07/2022 19:15

(Updates)
    ** U.S. planemaker Boeing Co's  BA.N  shares now up 1.81% at
$138.53
    ** The U.S. planemaker says it is "disappointing that
geopolitical differences continue to constrain U.S. aircraft
exports"  
    ** This comes after China's three biggest state-owned
airlines order about 300 jets from competitor Airbus  AIR.PA 
    ** Co says it continues to urge productive dialogue between
U.S. and China, and "is hopeful orders and deliveries will
resume promptly"
    ** Air China  601111.SS  and China Southern Airlines
 600029.SS  has placed an order for 96 A320neo family jets worth
$12.2 bln at list prices, while China Eastern Airlines
 600115.SS  says it will buy 100 airplanes of the same type,
worth $12.8 billion  urn:newsml:reuters.com:*:nL1N2YI0M4
    ** BA shares have fallen 31.2% this year

 (Reporting by Nandhini Srinivasan and Abhijith Ganapavaram in
Bengaluru)