-
AI chip giant SK hynix posts seven-fold surge in quarterly operating profit
-
Two hundred 'Cruise for life' passengers stranded in Cambodia
-
S.African activists push back on data centre rush
-
Billionaire Ambani's Jio jumps 21% in market debut after record India IPO
-
Billionaire Ambani's Jio to debut after record India IPO
-
Sri Lanka's Tamil farmers fight to reclaim land after civil war
-
UK set for cautious budget as borrowing costs climb
-
'They don't care about us': Trump food aid cuts leave Americans struggling and angry
-
US Fed expected to hold rates steady ahead of key midterm elections
-
Palestinian activist Khalil returns to Columbia after US detention
-
AI chip giant SK hynix says quarterly operating profit soars 630%
-
Youths testify about 'despair' in unprecedented Canadian climate trial
-
Charles tackles thorny legacy of slavery on Caribbean trip
-
Storied Paris department store seeks bankruptcy protection
-
UN nuclear watchdog chief urges Iran to grant access
-
Boeing shares tumble after it releases cautious growth forecast
-
Boeing releases cautious growth plan as shares fall sharply
-
Boeing reports smaller loss as it aims for stable output growth
-
Tech firms gain on Anthropic IPO optimism; HSBC slumps in London
-
Dangote, Nigeria's oil tycoon rewriting Africa's story
-
Tech firms track Wall St rally on mixed day for stock markets
-
Kane says Ballon d'Or win 'feels like a dream' as tributes pour in
-
HSBC profit jumps on higher rates, lower costs
-
Mercedes-Benz cuts 2026 profit outlook on tough China market
-
Reparations calls follow Charles on tough Caribbean trip
-
Wall Street faces earnings and Fed tests after turbulent technology-led week
-
China brands drop Mbappe for 'offending national sentiments'
-
Delhi grants minimum monthly pay and DA to about 4,000 MCD health workers
Qatar hits out at Airbus as new jet grounded in paint dispute
Qatar Airways on Monday accused aviation giant Airbus of blocking efforts to settle their billion-dollar dispute over the safety of the A350 as it announced that another plane has been grounded with peeling paintwork.
The airline, which has now grounded 22 of its 53 A350 jets since November 2020, said it was determined to plough ahead with legal action seeking $610 million in compensation plus damages for each day the conflict goes on.
While they fight in the London courts, Airbus has in turn sought to cancel orders made by Qatar Airways for two other A350 jets and 50 A321neo planes.
The airline said it was surprised that Airbus chief executive Guillaume Faury, announcing record profits, had said earlier in February that while protecting itself in court "we continue to try to resolve the situation in a more amicable way".
"It is important to clarify that neither Qatar Airways nor its legal team are aware of any efforts by Airbus to try to resolve the situation in an amicable way; in fact, the actual situation is to the contrary," the airline responded in a statement.
It highlighted what it called Airbus "efforts to attempt to terminate their own contractual commitment to establish a full root cause analysis of the A350 Accelerated Surface Degradation which is currently impacting the A350 aircraft type".
The airline vowed to continue its legal battle to make Airbus "fully, properly and transparently investigate" the paint problems on the jets that it says could be a threat to the plane's lightning protection.
Airbus insists it has accounted for the problems and there is no safety concern.
Ahead of the next hearing on the dispute in April, Qatar Airways has secured an injunction preventing Airbus from cancelling deals for other jets.
"There would be serious consequences for Airbus should this order be breached," said the Qatar Airways statement.
The problems first arose in November 2020 when a jet was taken to Shannon airport in Ireland to be painted in special colours for the World Cup to be held in Qatar this year.
Qatar Airways has suffered huge losses during the coronavirus pandemic while after two years of losses, Airbus announced profits of 4.2 billion euros ($4.8 billion) for 2021 and said it expects to deliver 720 commercial aircraft this year.
Y.Tengku--CPN