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

Ecobank Marks 14th Ecobank Day Across Nigeria, Empowering Students with Digital Skills for the Future

Hope Fountain Foundation for the Deaf, Agege, Lagos. Ecobank Nigeria...

Leadway Named Insurance Company of the Year at 2026 BusinessDay BAFI Awards

L–R: Chief Executive Officer, Creato Urban Limited, Odion Aleobua;...

Emergency: Rising Prices Worsen Nigeria’s Food Insecurity—Orodata

Rising food prices and the high cost of nutritious...

Fidelity Bank Excels at 2026 BAFI Awards, Wins Two Awards

L-R: Mobolaji Sunmoni, Team Lead, Upstream; Abimbola Ogunyemi, Team...

Fidelity Bank: Celebration of Beauty Industry Excellence

Managing Director/Chief Executive Officer, Fidelity Bank Plc, Nneka Onyeali-Ikpe...

Topics

Business Journal Unveils Official Invite for Public Presentation Event

Business Journal has unveiled the official invite for the...

Sovereign Trust Insurance Strengthens Partnership with TEXEM UK

L-R: Akinwumi Akinrinmade, ED, Technical Operations, Sovereign Trust Insurance...

Banks’ Advert Spend Rose by N132.4m in Sept 2019

P+ Measurement Services, a media intelligence and audit agency...

Sterling Bank Unveils MBN, Set to Showcase Best of Nigeria at Maiden Fair

L-R:  Oluwatobi Ajayi, Chairman, Nord Automobiles Limited; Ifedayo Agoro,...

₦5tn AMCON Debt: Finance Minister, BPP, ICPC Join Recovery Campaign

The Minister of Finance, Mrs. Zainab Shamsuna Ahmed has charged...

Luanda: Most Expensive African City for Expats in 2016

Luanda, the capital of Angola is the most expensive...

Why N300m Insurance Rebranding Project Failed

The N300 million insurance rebranding project designed to redress...

Ecobank: Four Millionaires Emerge from Super Reward Campaign

  Left: Adetola Oshomah, Agency & Direct Banking, Ecobank Nigeria;...
spot_img

Related Articles

Popular Categories

spot_imgspot_img