Buy
Sell
Share Name Share Symbol Market Type
Airbus SE EU:AIR Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.64 -0.54% 117.12 116.00 117.26 117.72 115.74 117.34 1,587,465 16:40:00

Airbus Revokes Remaining Qatar Orders for Its A350 Planes

03/08/2022 2:33pm

Dow Jones News


Airbus (EU:AIR)
Historical Stock Chart


From Feb 2022 to Feb 2023

Click Here for more Airbus Charts.

By Julien Marion

 

Airbus SE has revoked the remaining order by Qatar Airways Co for its A350 planes, an industry source told Dow Jones Wednesday.

Under the order, 19 planes that were due to be delivered to Qatar Airways have now been cancelled, the source said.

Both companies are currently in a legal dispute over paint and surface wear on some A350 fuselages.

Last year, the Qatari carrier said that the paint on some of the planes was cracking and peeling, claiming it a safety risk. It grounded 21 of the planes and refused to accept deliveries from Airbus of more.

Airbus, which acknowledged the paint defect, has said that it isn't a safety risk and doesn't affect the airworthiness of the planes. The European plane maker filed a claim in London's High Court of Justice for $220 million in damages in February.

 

This story was translated in whole or in part from a French-language version initially published by L'Agefi-Dow Jones.

 

Write to Julien Marion at jmarion@agefi.fr

 

(END) Dow Jones Newswires

August 03, 2022 09:18 ET (13:18 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

1 Year Airbus Chart

1 Year Airbus Chart

1 Month Airbus Chart

1 Month Airbus Chart
Your Recent History
EU
AIR
Airbus
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

Log in to ADVFN
Register Now

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20230205 17:05:14