Stock Groups

Qatar Airways seeks Airbus damages over cancelled A321 jet -Breaking

by Mike Robinson

[ad_1]

© Reuters. FILE PHOTO – The logo of Qatar Airways is seen at the International Tourism Trade Fair ITB Berlin (Germany), March 7, 2018./

PARIS (Reuters) – Qatar Airways has filed a lawsuit against Airbus over its decision to revoke a contract to purchase 50 A321neo aircraft after it rejected larger A350s due to surface problems.

According to the airline, it has stated that Airbus’s move would cause “severe disruption” and that damages will be sought in addition to $600 million A350 compensation it already seeks.

Qatar’s claim over the A321neo was made as Airbus, which had planned to make its own counter-claim regarding the A350 dispute. However, the details have yet not been published. Both sides are locked in an intense safety and contractual dispute that has been going on for several months.

Disclaimer: Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs are stocks, futures, indexes or Forex. The prices of Forex and CFDs are not supplied by exchanges. They are instead provided by market makers. Because prices might not reflect the market, they may be incorrect. This means that prices cannot be considered indicative and are inappropriate for trading. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this information. This includes data including charts and buy/sell signal signals. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.

[ad_2]