Airbus and Qatar spent over a year facing off in an unusually public dispute over surface degradation. Read more at straitstimes.com.
While the details of the settlement are confidential, the two parties will discontinue their legal claims, they said in separate statements. They also agreed to embark on a repair project with the aim of getting the grounded planes back in the air.
Airbus and Qatar spent more than a year facing off in an unusually public dispute over surface degradation on the A350 wide-body jets purchased by the Doha-based airline, the first carrier to operate Airbus’ most advanced model. When Qatar refused to take delivery of pending aircraft, Airbus cancelled a large order that Qatar had placed for the best-selling A321 model, on the grounds that the airline’s refusal to take further A350s gave the planemaker a right to cancel all other agreements with the carrier.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
India hikes defence budget 13% with an eye on ChinaNEW DELHI: India announced a double-digit increase in its annual defence budget on Wednesday (Feb 01) with an eye on its increasingly assertive geopolitical rival China, with which it shares a tense and dispu
Read more »
Sale process for Aus-Asia power project developer Sun Cable begins:FTI Consulting said on Tuesday that they had started the sale process for the collapsed Australia-Asia PowerLink (AAPL) project developer Sun Cable and were seeking binding proposals by the end of April this year.The Singapore-based company collapsed earlier this month after its owners failed to agree on fut
Read more »
Sale process for Aus-Asia power project developer Sun Cable begins:FTI Consulting said on Tuesday that they had started the sale process for the collapsed Australia-Asia PowerLink (AAPL) project developer Sun Cable and were seeking binding proposals by the end of April this year.The Singapore-based company collapsed earlier this month after its owners failed to agree on fut
Read more »
Shang-Chi lookalike cop reenacts famous pose from viral videoIf you do not know his name, you should by now. He is Sergeant Clement Ng. Does that ring a bell? He was the policeman who looked like actor Simu Liu in a series of videos of a dispute between the police and a Cheers employee at the Lau Pa Sat...
Read more »
EU's tariffs on Indonesian stainless steel curtailed exports, Jakarta saysJAKARTA : The European Union's anti-dumping tariffs on Indonesian stainless steel had cut exports severely, an Indonesian trade ministry official said on Tuesday, explaining the country's decision to complain to the World Trade Organisation.The WTO said last week that Indonesia has requested dispute consu
Read more »
Why Turkey is still blocking Sweden’s Nato accessionThe dispute is complicating Nato's efforts to present a united front against Russia. Read more at straitstimes.com.
Read more »