Qatar Airways seeks US$618 million + compensation from Airbus

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  • cwoodward
    Participant

    As the Reuters (abridged)report below Alexs report above seems to Qatar’s retaliation to an Airbus filing in the British courts for damages and recovery on the 28th February

    PARIS/DUBAI, Feb 28 (Reuters) – Airbus (AIR.PA) hit back in an escalating dispute with Qatar Airways over A350 jets on Monday, asking a British judge to award $220 million in damages over two undelivered airliners.

    The planemaker’s claim for two A350s that Qatar’s national carrier has rejected comes after the airline sued Airbus for $600 million over degradation on more than 20 jets recently grounded by Qatar.

    Airbus also wants to recover millions of dollars of credits awarded to the airline, a filing showed, offering a rare glimpse into negotiating details in the secretive global aircraft industry.
    Qatar Airways had no immediate comment. Qatar’s aviation authority did not immediately respond to a request for comment.

    ….and so it rolls on !


    AMcWhirter
    Participant

    As I have noted previously it is almost unheard of for a maufacturer to cancel an aircraft order.

    Normally it is the other way round.

    Earlier Airbus cancellelled QR’s order for A329 neos (although that decision is subject to review).

    Today Reuters reports that Airbus has cancelled one of QR’s A350 orders.

    1 user thanked author for this post.

    Tom Otley
    Keymaster

    AMcWhirter
    Participant

    Judge has dismissed the claim.

    It now means Airbus is free to sell the jets elsewhere.


    AMcWhirter
    Participant

    Reuters toady reports that Airbus has revoked any further A350 orders from QR.

    Still awaiting official comment from either party.

    https://www.reuters.com/business/aerospace-defense/exclusive-airbus-axes-remaining-a350-jet-deal-with-qatar-sources-2022-08-03/


    cwoodward
    Participant

    Akbar Al Baker has already lost the mAjor court case.

    There would seem little point in him contesting this weeks cancellation of the 19 A350 -1000 (the outstanding balance of the original order) but as money seems no object he likely will
    It seems that the airline is already short of suitable aircraft as it has been leasing stored aircraft from Cathay Pacific for the past 18 months and unlikely to have anything suitable for its fleet from Boeing for a least 3 years.

    Solution – perhaps purchase yet another airline.


    AMcWhirter
    Participant

    I came across this Bloomberg video on Youtube. It features an interview with the CEO. It’s dated July 18.

    It starts off with the CEO commenting on the Heathrow situation and continues with the A350/A321 saga.

    Above I linked to a Reuters report yesterday regarding Airbus revoking the remainder of QR’s A350 order.

    In the video (at 1 min 45 secs) the CEO says he still has 23 A350s on order.

    2 users thanked author for this post.
Viewing 7 posts - 16 through 22 (of 22 total)
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