Qatar Airways Cancels $5.3bn Airbus A320 Order over Delays

Qatar Airways has canceled the delivery of the first Airbus A320 aircraft over delays caused by engine problems.

Qatar Airways had ordered 50 A320neo-family aircraft for $5.3 billion in 2011 and was to receive the first one last October.

However, the aircraft faced software and hydraulics problems and the carrier’s CEO, Akbar Al Baker expressed his discontent about A320neo PW1100G engines, stating that they were not properly tested for high temperatures in the Gulf region. The problems led to months of delays and Akbar Al Baker claimed that Qatar Airways was allowed to invoke the cancellation cause.

Akbar Al Baker claimed that Qatar Airways should have had 5 A320neos in service by this summer. As a result of the delays, it was forced to reduce flight frequency of 15 routes to Boston, Houston and Miami among others. The company’s CEO stated: “It is making a huge impact on my bottom line. We are, quite frankly, screaming.”

The only way for the airline to fulfil the commitments to their customers is to lease. “We will have no alternative but to lease. We are awaiting final response from Airbus,” said Akbar Al Baker. We are not talking about compensation. It is about us getting planes so we can meet network requirement.”

Akbar Al Baker also claimed that the airline could walk away from more orders of Airbus A320 neo. However, he still expects that plane manufacturer will be able to deliver 10 of the larger A350 airplane by the end of calendar year.

spot_img
spot_img
spot_img
spot_img
spot_img

Hot this week

Sovereign Trust Insurance Receives Recapitalisation Certificate from NAICOM

Sovereign Trust Insurance Plc (STI), one of Nigeria’s leading...

SanlamAllianz Nigeria Launches Proud Moments 2.0, Celebrates Achievements Worth Protecting

Riding on the resounding success of its foundational debut,...

Insurance Meets Tech 5.0 Now Holds on November 20, 2026

Insurance Meets Tech (IMT), Nigeria’s leading platform for conversations...

Sanwo-Olu, Lai Mohammed, Gbenga Daniel to Discuss 2027 Elections, Insecurity at 7th Freedom Online Lecture

Challenges facing the economy and insecurity, especially associated with...

AXA Mansard Intensifies Hepatitis Awareness with Free Community Screening

As part of efforts to promote preventive healthcare and...

Topics

Local Bourse Extends Bearish Run… ASI Down 13bps

At the close of trading yesterday, the bearish run...

TRUMP: Global Economic Impact of Victory

FROM late January, Donald Trump will have all the...

NIA: Brokers Generated 60% of Insurance Premium in 2021

L-R; Hon Auditor, the Nigerian Council of Registered Insurance...

1.5bn Smart Phones to Ship Worldwide in 2016

Canalys' recently published country level forecasts predict that over...

8.1m people work in Renewable Energy Industry Worldwide

8.1 million people work in the renewable energy industry....

Indian Achieves 1OOm Mobile Phone Manufacturing Capacity

The manufacturing capacity of mobile phone factories in India...

NCDMB to Feature Ex-NIMASA DG, Dakuku Peterside, in Book Reading Session

The Nigerian Content Development and Monitoring Board (NCDMB) has...

Nigeria, Japan Partner on Digital Economy

Mr. Bitrus Bako Nabasu, Permanent Secretary, Ministry of Communications...
spot_img

Related Articles

Popular Categories

spot_imgspot_img