(MENAFN) Qatar Airways canceled orders for four A350s worth USD1.2bn due to delivery delays, as proclaimed European plane maker Airbus.
Meanwhile, the cancellation comes through an air blockade imposed against Qatar after a diplomatic breakdown with its Gulf neighbors and a fall in local demand for air travel.
Additionally, the carrier is the biggest buyer of the A350, with 80 orders before the cancellations, as well as the launch customer having taken its first plane in Dec 2014.
Moreover, Qatar Airway's deal with Airbus on the A350 aircraft involves a clause permitting it to scrap handovers that are postponed beyond a certain point.
MENAFN0907201700450000ID1095608166
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.