Home » Markets » Airbus axes remaining A350 jet deal with Qatar Airways
Airbus axes remaining A350 jet deal with Qatar Airways
FOX Business Flash top headlines for August 3
Check out what’s clicking on FoxBusiness.com.
Airbus has revoked its entire outstanding order from Qatar Airways for A350 jets, severing all new jetliner business with the Gulf carrier in a dramatic new twist to a dispute clouding World Cup preparations, two industry sources said.
No comment was immediately available from Airbus or Qatar Airways.
The two aviation titans have been waging a rare public battle for months over the scarred condition of more than 20 long-haul jets that the airline says could pose a risk to passengers and which Airbus insists are completely safe.
Qatar Airways, which was the first airline to introduce the intercontinental jet to the skies in 2015, is suing Airbus for at least $1.4 billion after almost half its A350 fleet was grounded by Qatar's regulator over premature surface damage.
BOEING CUTS LONG-RANGE INDUSTRYWIDE OUTLOOK FOR PLANES
It has refused to take delivery of more A350s until it receives a deeper explanation of damaged or missing patches of anti-lightning mesh left exposed by peeling paint.
Backed by European regulators, Airbus has acknowledged quality problems on the jets but denied any safety risk from gaps in the protective sub-layer, saying there is ample backup.