Airbus Scraps Qatar Airways Jet Deal Amid Paint Spat

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Airbus SE has scrapped a deal valued at billions of {dollars} to produce Qatar Airways with 19 of its largest plane, in line with individuals aware of the matter, the most recent fallout in an escalating dispute between the European airplane maker and one of its biggest customers.

The corporate has canceled Qatar Airways’ remaining orders for its A350 wide-body jet, the individuals stated. The 19 plane are valued at roughly $7 billion at record value earlier than the hefty reductions that airplane makers sometimes give to clients.

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