• About Hisa Technologies
  • Advertise
  • Careers
  • Contact Us
  • Estate Cloud
Tuesday, May 17, 2022
  • Login
  • Register
No Result
View All Result
NEWSLETTER
Kenyan Wallstreet
  • Home
  • News
    • Kenyan News
    • African News
    • Global News
  • Business
    • Agriculture
    • Banking
    • Aviation
    • Energy
    • Manufacturing
    • Markets
    • Personal Finance
    • Technology
    • Startups
  • Lifestyle
  • Podcast
  • Videos
  • Events
  • Blockchain & Digital Currencies
  • Calendar
  • Home
  • News
    • Kenyan News
    • African News
    • Global News
  • Business
    • Agriculture
    • Banking
    • Aviation
    • Energy
    • Manufacturing
    • Markets
    • Personal Finance
    • Technology
    • Startups
  • Lifestyle
  • Podcast
  • Videos
  • Events
  • Blockchain & Digital Currencies
  • Calendar
No Result
View All Result
Kenyan Wallstreet
No Result
View All Result

Airbus Cancels $6 Billion A321 Contract with Qatar Airways

Eunniah MbabazibyEunniah Mbabazi
January 24, 2022
in Aviation, Global News
Reading Time: 2 mins read
Airbus Cancels $6 Billion A321 Contract with Qatar Airways

Airbus has cancelled a $6 billion contract with Qatar Airways for 50 of its new A321neo passenger jets, escalating a legal battle between the two companies over paint on the recently delivered A350s. The dispute has led to the grounding of 21 planes out of 53 A350s operated by Qatar Airways 

In December, Qatar Airways took Airbus to court following a series of alleged problems with the Airbus A350 aircraft. The airline complained  the paint on the recently delivered Airbus A350s was cracking and peeling, exposing copper meshing used to insulate the aircraft against lightning strike.

The airline is thus seeking more than $600 million in compensation after grounding the affected aircraft – 21 of its 53 A350 jets – claiming the paint issue is a safety risk.

ADVERTISEMENT

However, The European Union Aviation Safety Agency independently assessed the issue and found no safety concerns, with Airbus now accusing Qatar Airways of instigating the grounding as it was in its own financial interest to keep the aircraft on the ground in light of the coronavirus pandemic collapse in demand for air travel.

The two companies have been locked for months in a dispute over deterioration to paint and anti-lightning protection on the long-haul jets, which Airbus has acknowledged needs attention while insisting it does not put safety at risk.

Qatar Airways is pressing for compensation of $618 million plus $4 million a day and halted taking new A350 deliveries. 

See Also:

Delta Airlines Orders 30 Airbus A321neos


Hisa App Hisa App Hisa App
Previous Post

Weekly Tea Auction Prices Increase to $2.53 Per Kg

Next Post

South Africa Receives $750 Million Covid – Relief Loan from the World Bank

Related Posts

KAA Certifies Kisumu International Airport to Receive International Flights

KAA Certifies Kisumu International Airport to Receive International Flights

May 17, 2022
Air Tanzania Signs Training MoU with Boeing

Air Tanzania Signs Training MoU with Boeing

May 17, 2022

Bitcoin Under Discussion as 44 Countries Meet in El Salvador

May 16, 2022

Turkish Airlines Launches Somalia’s Only Non-Stop Flight to Europe

May 16, 2022

Argentina Central Bank Hikes Rate to 49% As Inflation Soars

May 14, 2022

DriveWealth Taps Former Visa Crypto Executive, Terry Angelos as New CEO

May 11, 2022

Lufthansa to Spend $6 Billion on New Boeing Planes

May 10, 2022

Safari Air Launches Direct Flights to Lodwar

May 10, 2022
Load More
Next Post
South Africa

South Africa Receives $750 Million Covid - Relief Loan from the World Bank

ADVERTISEMENT

Follow Us

  • 136.2k Followers
  • 2.4k Subscribers
  • 1.1k Followers

WhatsApp

Subscribe

Telegram  

Subscribe

Podcasts

Upcoming Events

May
20
Fri
all-day Equity Group Book Closure
Equity Group Book Closure
May 20 all-day
 
all-day Stanbic Holdings Book Closure
Stanbic Holdings Book Closure
May 20 all-day
 
May
24
Tue
all-day BAT Kenya Payment of Final Dividend
BAT Kenya Payment of Final Dividend
May 24 all-day
payment of final dividend of kes 50.00
May
25
Wed
6:09 am Standard Chartered Dividend Payment
Standard Chartered Dividend Payment
May 25 @ 6:09 am – 8:30 pm
payment of final dividend of kes 14
May
26
Thu
all-day ABSA Bank Kenya Dividend Payment
ABSA Bank Kenya Dividend Payment
May 26 all-day
 
all-day I&M Group Final Dividend Payment
I&M Group Final Dividend Payment
May 26 all-day
 
View Calendar
Add
  • Add to Timely Calendar
  • Add to Google
  • Add to Outlook
  • Add to Apple Calendar
  • Add to other calendar
  • Export to XML

Featured

No Content Available

About Us

We are a leading integrated digital content platform providing in-depth business and financial news across Sub-Saharan Africa & the globe. Kenyanwallstreet.com is a property of Hisa Technologies Ltd, a financial media & software company.

Contact Us

Kenyan Wall Street
Email: [email protected]
Website: www.kenyanwallstreet.com

Disclaimer

The information contained in this website is for general information purposes only.
Read more..

  • About Hisa Technologies
  • Advertise
  • Careers
  • Contact Us
  • Estate Cloud

Copyright 2021. Hisa Technologies. All Rights Reserved.

No Result
View All Result
  • Home
  • News
    • Kenyan News
    • African News
    • Global News
  • Business
    • Agriculture
    • Aviation
    • Banking
    • Energy
    • Infrastructure
    • Insurance
    • Investment
    • Manufacturing
    • Markets
    • Public Policy
    • Real Estate
    • Startups
    • Technology
  • Podcast
  • Videos
  • Events

Copyright 2021. Hisa Technologies. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In