International Consolidated Airlines Group, S.A. (BABWF)

UPDATE 1-IATA boss voices concerns over Airbus-Qatar jet order row

The head of a body representing global airlines waded into a high-profile dispute between Airbus and Qatar Airways on Tuesday, saying the planemaker's decision to revoke https://www.reuters.com/business/aerospace-defense/qatar-airways-airbus-court-hearing-set-late-april-2022-01-20 a jetliner contract was a new and "worrying" development. Willie Walsh, head of the International Air Transport Association (IATA), warned suppliers should not exploit market strength, in an apparent reference to a surprise decision by Airbus to revoke a Qatar jet order as part of a deepening row. Qatar Airways is suing Airbus for more than $600 million in compensation over erosion to the painted surface and lightning protection on A350s, and has refused to take delivery of more of those jets until its regulator's safety questions are resolved.