The Prague Post - Airbus cancels Qatar Airways plane order in feud

EUR -
AED 4.251055
AFN 74.082723
ALL 95.018841
AMD 426.494799
ANG 2.072456
AOA 1062.618368
ARS 1653.343639
AUD 1.642361
AWG 2.08533
AZN 1.972406
BAM 1.955776
BBD 2.331072
BDT 142.358264
BGN 1.957255
BHD 0.436195
BIF 3438.058076
BMD 1.157536
BND 1.485982
BOB 7.997902
BRL 5.858873
BSD 1.157386
BTN 110.026658
BWP 15.58081
BYN 3.202261
BYR 22687.703345
BZD 2.327772
CAD 1.619914
CDF 2656.545275
CHF 0.922472
CLF 0.026526
CLP 1047.457227
CNY 7.838259
CNH 7.828948
COP 4043.150698
CRC 526.49358
CUC 1.157536
CUP 30.674701
CVE 110.263655
CZK 24.163219
DJF 206.107487
DKK 7.47896
DOP 67.959171
DZD 154.092121
EGP 60.014268
ERN 17.363038
ETB 182.377176
FJD 2.564989
FKP 0.862967
GBP 0.863253
GEL 3.073304
GGP 0.862967
GHS 12.846843
GIP 0.862967
GMD 84.500531
GNF 10138.876366
GTQ 8.822892
GYD 242.147047
HKD 9.07051
HNL 30.948623
HRK 7.539962
HTG 151.328155
HUF 352.180742
IDR 20580.17776
ILS 3.380954
IMP 0.862967
INR 110.093821
IQD 1516.181512
IRR 1592627.583987
ISK 144.287295
JEP 0.862967
JMD 183.457763
JOD 0.820739
JPY 185.470863
KES 149.878172
KGS 101.226958
KHR 4649.943298
KMF 493.110692
KPW 1041.782702
KRW 1757.40615
KWD 0.357077
KYD 0.964588
KZT 565.963099
LAK 25485.689227
LBP 103649.83609
LKR 388.015269
LRD 210.647431
LSL 18.85217
LTL 3.417903
LVL 0.700182
LYD 7.37691
MAD 10.719669
MDL 20.213754
MGA 4829.941104
MKD 61.644248
MMK 2429.962366
MNT 4141.780268
MOP 9.341386
MRU 45.90344
MUR 54.694009
MVR 17.895943
MWK 2006.975527
MXN 19.936129
MYR 4.696822
MZN 73.97086
NAD 18.85217
NGN 1574.831883
NIO 42.589481
NOK 11.012222
NPR 176.042853
NZD 1.985142
OMR 0.444785
PAB 1.157386
PEN 3.936152
PGK 5.067938
PHP 70.344658
PKR 322.017173
PLN 4.248099
PYG 7086.913582
QAR 4.231048
RON 5.239128
RSD 117.358569
RUB 83.873777
RWF 1699.679274
SAR 4.345163
SBD 9.313039
SCR 16.281001
SDG 695.104554
SEK 10.971924
SGD 1.486859
SHP 0.864217
SLE 28.533689
SLL 24272.952982
SOS 661.491934
SRD 43.418597
STD 23958.655763
STN 24.499701
SVC 10.126877
SYP 127.94487
SZL 18.83677
THB 38.051721
TJS 10.786968
TMT 4.062951
TND 3.395559
TOP 2.787069
TRY 53.515782
TTD 7.861904
TWD 36.603025
TZS 3038.162953
UAH 51.861668
UGX 4339.947079
USD 1.157536
UYU 46.74943
UZS 13861.830968
VES 673.637084
VND 30454.769133
VUV 138.227647
WST 3.175673
XAF 655.949001
XAG 0.017015
XAU 0.000275
XCD 3.128299
XCG 2.085875
XDR 0.81579
XOF 655.949001
XPF 119.331742
YER 276.192216
ZAR 18.883861
ZMK 10419.216157
ZMW 20.219753
ZWL 372.726083
  • CMSC

    -0.0200

    22.33

    -0.09%

  • NGG

    0.3200

    81.84

    +0.39%

  • GSK

    0.1800

    53.04

    +0.34%

  • BCE

    0.0200

    24.59

    +0.08%

  • BTI

    0.9300

    62.32

    +1.49%

  • BP

    0.1000

    42.78

    +0.23%

  • AZN

    -3.5300

    178.75

    -1.97%

  • RYCEF

    0.4600

    17.5

    +2.63%

  • RBGPF

    0.0000

    60.72

    0%

  • VOD

    0.2700

    15.53

    +1.74%

  • CMSD

    -0.0400

    22.26

    -0.18%

  • RIO

    1.7100

    105.35

    +1.62%

  • RELX

    0.6300

    33.74

    +1.87%

  • JRI

    -0.0300

    12.8

    -0.23%

  • BCC

    0.4800

    71.14

    +0.67%

Airbus cancels Qatar Airways plane order in feud
Airbus cancels Qatar Airways plane order in feud

Airbus cancels Qatar Airways plane order in feud

Airbus has taken the extraordinary step of cancelling a multi-billion-dollar order of 50 planes from Qatar Airways, a major customer, in an escalating feud over the airline's grounding of A350 aircraft.

Text size:

The Qatari company, one of the Gulf region's "big three" carriers, has grounded nearly half of its 53-plane A350 fleet over degradation of exterior fuselage surfaces.

The airline has taken the dispute to the High Court in London and stopped accepting further deliveries of the wide-body aircraft from the European firm until the problem is resolved.

An Airbus spokesman told AFP on Friday that the aircraft maker has "terminated" a contract with Qatar Airways for 50 single-aisle A321neo aircraft, "in accordance with our rights".

It is usually airlines that cancel orders when they no longer need them or cannot afford them anymore.

The order was worth more than $6 billion at catalogue prices, though airlines are usually charged less for large purchases.

The two companies had their first hearing in court on Thursday.

Qatar Airways demanded $618 million in compensation, plus $4 million more per day for each day the A350 planes have been kept idle, a source close to the matter said.

Airbus said it cancelled the A321neo orders because Qatar Airways failed its contractual obligations by refusing to take deliveries of A350 planes.

The aerospace giant has acknowledged the existence of paint degradation, which can expose a metallic mesh that protects aircraft from lightning strikes.

But Airbus says the issue poses no air safety problems.

The aerospace giant has said the European Aviation Safety Agency (EASA) confirmed its findings that the paint-related issue had "no airworthiness impact on the A350 fleet".

- 21 planes grounded -

The row erupted in August last year when Qatar Airways announced that its country's aviation regulator ordered the grounding of 13 A350 planes due to the fuselage issue.

There are now 21 airplanes sitting on the tarmac. Airbus was supposed to deliver 23 more A350 planes to the airline but Qatar Airways has refused to accept them since last summer.

Other airlines have found similar paint issues with their A350 planes, but Qatar Airways is the only one to have grounded aircraft.

Airbus said last month that it was ready to seek independent arbitration to settle the dispute.

In an unusually stern statement about a client, Airbus said at the time that the "attempt by this customer to misrepresent this specific topic as an airworthiness issue represents a threat to the international protocols on safety matters".

Qatar Airways took the matter to the London court instead.

A new hearing is scheduled for the week of April 26.

B.Svoboda--TPP