Airbus SE (EADSF)
- The Canadian Press
Qatar Airways, Airbus reach settlement in A350 legal case
LONDON (AP) — Qatar Airways and Airbus have reached a settlement in a longstanding legal dispute over the safety of the A350 jetliner and billions of orders for other planes. The companies said in a joint statement Wednesday that the settlement was “amicable and mutually agreeable.’’ “A repair project is now underway and both parties look forward to getting these aircraft safely back in the air,’’ the companies said in a statement. Qatar Airways had grounded Airbus A350s over what it described a
- Reuters
Airbus says it has A350 repair solution, to resume Qatar deliveries
Airbus said on Wednesday it was putting forward a repair solution for damage brought to light in a dispute with Qatar Airways and would work with the carrier and regulators on the best way to restore 30 grounded A350 jets to the air. Qatar Airways was not immediately available for comment.
- Reuters
UPDATE 5-Airbus and Qatar Airways settle bitter A350 jet row
Airbus and Qatar Airways have settled a dispute over grounded A350 jets, the companies said on Wednesday, averting a potentially damaging UK court trial after a blistering 18-month feud that tore the lid off the global jet market. The "amicable and mutually agreeable settlement" ends a $2 billion row over surface damage on the long-haul jets. The spat led to the withdrawal of billions of dollars' worth of jet deals by Airbus and prompted Qatar to increase purchases from Boeing.
