AviTrader sponsorship ad

Airbus pulls plug on entire remaining Qatar Airways A350 deal

Qatar Airways Airbus A350 ©AirTeamImages

With Qatar Airways refusing to take delivery of any further Airbus A350s until the European planemaker makes good on what the Gulf carrier calls premature surface damage, Airbus has finally had enough of the situation and has revoked the existing order for what stood at 19 aircraft as at the end of June, according to REUTERS news agency. The book value of these aircraft stands at US$7 billion.

This contract revocation comes six months after Airbus revoked the contract for 50 of the smaller A321neo jets which Qatar Airways also had on order. That revocation was seen as a retaliatory move by Airbus as a consequence of Qatar Airways refusing to take any further deliveries of the A350. Airbus has refused to acknowledge Qatar Airways’ complaint, accusing the carrier of trying to delay delivery of the aircraft while the long-haul market struggles to recover from the effects of the COVID-19 pandemic.

Airbus has agreed there are cosmetic problems with the jet, but that contrary to Qatar Airways’ claims, these problems have not affected the safety of the jet. The Gulf carrier grounded almost half its fleet of A350s after the Qatari regulator identified premature surface damage, for which the carrier is seeking US$1.4 billion in compensation. Part of the reason for refusing delivery was also because Qatar Airways was waiting for an explanation from Airbus over missing or damaged patches of anti-lightning mesh which had been exposed by peeling paint.

The dispute between the two companies may end up in a rare corporate trial in London next June, whereupon it will likely be decided whether this is a cosmetic issue, or as Qatar Airways claims, a design defect. (£1.00 = US$1.21 at time of publication).

Thursday April 25, 2024
Turkish Airlines will receive six Boeing 737 MAX 8 aircraft from CDB Aviation © AirTeamImages
CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing (CDB Leasing), has signed new lease agreements for a fleet of an additional seven narrow-body and wide-body aircraft with its existing customer, Turkish Airlines (Turkish... Read More »
Thursday April 25, 2024
Condor took delivery of its first A320neo at a ceremony in Toulouse, France © Airbus
Condor, a German leisure airline, has received its inaugural Airbus A320neo on lease from Avolon following a ceremony in Toulouse. This milestone marks the airline’s ongoing fleet modernisation, which already features the A330neo for long-haul routes. By... Read More »
Thursday April 25, 2024
IAG Cargo has transitioned its 160-strong ground vehicle fleet at London Heathrow from Diesel to hydrotreated vegetable oil (HVO) © IAG Cargo
IAG Cargo, the cargo arm of International Airlines Group (IAG), has successfully transitioned its 160-strong ground vehicle fleet at London Heathrow from Diesel to hydrotreated vegetable oil (HVO). HVO, derived from plant waste and fully renewable materials, s... Read More »
Thursday April 25, 2024
AJW has acquired one B787-900 Dreamliner © AJW Group
In a new development, AJW Group, a globally renowned independent provider of aircraft component parts, repair, and supply chain solutions, has announced the acquisition of a Boeing 787-900 Dreamliner. AJW Group solidifies its position with the acquisition of t... Read More »
Thursday April 25, 2024
IBA predicts that the engine CFM56-7B is seeing the highest market value change with an increase of around 20% from 2023 to 2024
Aviation market intelligence and advisory company IBA has revealed that with rising engine lease rates and market values showing double-digit growth, the engine sector is now a “lessors’ market”. The latest IBA analysis shows that engine leasing activity... Read More »
Thursday April 25, 2024
Boeing has posted a first-quarter loss of US$355 million
Boeing, on April 24, disclosed a US$355 million loss for the initial three months of the year, grappling with a quality dilemma stemming from a January 5, flight where a panel detached from one of its aircraft. The reported loss, though significant, was less s... Read More »
Wednesday April 24, 2024
Ascent AeroSystems all-weather coaxial helicopter drone © Robinson Helicopter Company
Robinson Helicopter Company (RHC) has completed the acquisition of Ascent AeroSystems, which now operates as a wholly owned subsidiary of Robinson Helicopter Company. This strategic move underscores Robinson’s commitment to advancing innovation, expediti... Read More »
Wednesday April 24, 2024
JetBlue
JetBlue, ‘New York’s Hometown Airline®’, has unveiled its financial performance for the first quarter ending March 31, 2024. The airline disclosed a net loss of US$716 million, representing a year-on-year revenue decline of 5.1% to US$2.2 billion. As of... Read More »
Wednesday April 24, 2024
Spirit AeroSystems Wichita, Kansas
Spirit AeroSystems has disclosed an agreement with Boeing, whereby the aerospace giant will furnish advance payments totalling US$425 million, according to REUTERS news agency. This agreement aims to assist Spirit in addressing challenges such as elevated inve... Read More »
Wednesday April 24, 2024
RTX
RTX has reported first-quarter sales of US$19.3 billion, marking a 12% increase over the previous year. GAAP EPS rose by 32% to US$1.28, which included various adjustments such as acquisition accounting adjustments, tax audit settlements, and gains related to ... Read More »
Wednesday April 24, 2024
The new five year support contract was signed during MRO Americas in Chicago © Fokker Services Group
During the MRO Americas event, Fokker Services America (a subsidiary of Fokker Services Group, FSG) and HAECO have signed a component service support agreement for a duration of five years. This agreement positions FSG to deliver exceptional component servicin... Read More »
Wednesday April 24, 2024
Codeshare flights between ANA and Air India to connect Japan and India will begin in May 2024© ANA
All Nippon Airways (ANA) and Air India, India’s national flag carrier, have formalised a commercial agreement signalling the commencement of a codeshare partnership facilitating connectivity between Japan and India. Commencing on May 23, this collaborati... Read More »
Tuesday April 23, 2024
Robins Hayes
Robin Hayes, the former CEO of JetBlue Airways, has been selected to succeed C. Jeffrey Knittel as Chairman and Chief Executive Officer of Airbus Americas, effective June 3, 2024. Hayes, with a wealth of experience in global aerospace leadership, will take the... Read More »
Tuesday April 23, 2024
Beechcraft King Air 260 Multi-Engine Training System (METS) T-54A for the U.S. Navy © Textron Aviation
Textron Aviation has supplied the first two of potentially 64 Multi-Engine Training System (METS) Beechcraft King Air 260 aircraft contracted by the Naval Air Systems Command (NAVAIR) on January 25, 2023, after a comprehensive competitive process. The Beechcra... Read More »
Tuesday April 23, 2024
Honeywell
Honeywell has launched Honeywell Forge Performance+ for Aerospace, a cloud-based platform employing AI and machine learning (ML) to assist commercial aerospace manufacturing and MRO facilities in modernising production and reducing operational costs through di... Read More »
Tuesday April 23, 2024
EFW and MJP will collaborate on Airbus passenger-to-freighter (P2F) conversions ©
Elbe Flugzeugwerke GmbH (EFW), an expert in Airbus passenger-to-freighter (P2F) conversions, and MRO Japan (MJP), a prominent player in Japan’s aerospace maintenance repair and overhaul sector, have announced a memorandum of understanding (MOU) to collaborat... Read More »
Tuesday April 23, 2024
magniX’s electric propulsion units (EPUs) will be utilised to electrify Harbour Air’s fleet
Harbour Air, North America’s largest seaplane airline, has signed a Letter of Intent (LOI) with magniX to acquire 50 magni650 electric engines. magniX’s electric propulsion units (EPUs) will be utilised to electrify Harbour Air’s fleet, commencing with t... Read More »
Tuesday April 23, 2024
Safety inspection of an aircraft
The Federal Aviation Administration (FAA) is introducing new regulations mandating charter airlines, commuter airlines, air tour operators, and select aircraft manufacturers to establish a safety management system (SMS) to detect and address safety risks early... Read More »
Monday April 22, 2024
Embraer has delivered 25 jets in the first quarter of 2024 (1Q24), marking a substantial increase of 67% compared to the 15 aircraft delivered in 1Q23. Notably, Executive Aviation witnessed robust delivery growth, soaring from eight to 18 jets during the same ... Read More »
Monday April 22, 2024
WestJet has purchased the first SAF supplied in Canada by Shell Aviation © Shutterstock
WestJet has achieved a significant milestone in its mission to attain net-zero emissions by 2050 with the procurement of the first sustainable aviation fuel (SAF) supplied in Canada by Shell Aviation. This achievement underscores WestJet’s commitment to ... Read More »
MRO Americas 2024

2023 MEDIA KIT

Aviation Media Pack

Learn more on how AviTrader can expand your market

Please contact

Tamar Jorssen
Vice President Sales & Marketing
+1.778.213.8543
[email protected]
Mailing Address
AviTrader Publications Corp.
Suite 305, South Tower
5811 Cooney Road
Richmond, BC V6X 3M1
Canada

Subscribe to the most widely accepted news source in the aviation industry!


Free Daily, Weekly and MRO Publications delivered to your Inbox!
News Alerts, Editorials, Marketplace, Executive Interviews +more

Select publications:

*we respect your privacy and AviTrader will not share your email address to any 3rd Parties.

Scroll to Top
AviTrader

FREE
VIEW