Qatar Airways cancels more A320neos, warns of fiscal loss

Qatar Airways is at risk of reporting a loss this fiscal due to ongoing issues with Airbus’ A320neo and A350 programmes, group CE Akbar Al Baker said Wednesday. The airline has cancelled 2 more A320neo orders, Al Baker said, bringing the total number of cancellations to 3. Qatar Airways has refused to take delivery of the single-aisle jet since December over complaints the jet and its engine do not meet contractual obligations. Al Baker said the airline would “keep on cancelling” orders as each jet passes its delivery date. He previously said the airline was willing to walk away from as many as 5 A320neos. Qatar Airways is also in dispute with Airbus over deliveries of its A350s. Al Baker said Airbus has failed to deliver 5 A350s, which he said combined with the A320neo issues have had a “huge financial impact” on the airline. <br/>
Gulf News
http://gulfnews.com/business/aviation/qatar-airways-cancels-more-a320neos-warns-of-fiscal-loss-1.1888542
8/31/16