Wednesday, November 5, 2025
29.4 C
Lagos

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

Hot this week

Senate Confirms Board of NCC

Following a successful screening by its Committee on Communications,...

P+ Measurement Services Sparks Global Dialogue on Outcome-Based Measurement at 2025 AMEC Measurement Month

P+ Measurement Services, Nigeria’s leading independent media intelligence and...

NESG-Stanbic IBTC Business Confidence Monitor: Nigeria’s Businesses Sustain Growth Amid Easing Structural Constraints

In October 2025, Nigeria’s business environment maintained its positive...

From Market Stall to Millionaire: How Fidelity Bank GAIM 6 Transformed My Life – Fufu Seller

Question: Let’s start this interview with a general introduction...

2025 Almond Insurance Industry Awards Holds Friday, Nov 7 in Lagos

All is now set for the 2025 Almond Insurance...

Topics

NAICOM Unveils New Agents Licensing Portal

This is to inform all registered agents and insurance...

The N200bn ICT Bank, Strategies to Rescue Nigerian Telecom Sector 

By Elvis Eromosele The Nigerian telecommunications sector must have nine...

Protein Nutrition: Roadmap to a Healthy Future

By Reginald Onabu The journey of life runs from childbirth...

NGX, CSCS, Euroclear to Create Dollar Settlement Platform for Fintechs

The Nigerian Exchange Limited (NGX) has disclosed that it...

Reaching the Most Vulnerable in Nigeria: Our Humanitarian Roadmap 2025

By Mohamed Malick Fall On 23 January 2025, we will...

Aliko Dangote & Arsenal FC: The 30-Year Love Affair!

Aliko Dangote, Africa's richest man, and President/CEO of the Dangote Group in passionately in Love! It is a love affair that spans over 30 years and is looking set to transform from mere relationship to something much more serious-marriage. Recent media reports have it on good authority that Dangote is set to bid for Arsenal FC, a club he has ardently supported and loved passionately for over 30 years. Listed by Forbes magazine as the 67th richest person in the world with net worth of over $17 billion, Dangote’s business interest spans from cement to various household products.

Linkage Assurance Earns B+ Rating from AM Best

Linkage Assurance Plc, a prominent non-life insurance company in...
spot_img

Related Articles

Popular Categories

spot_imgspot_img