Qatar Airways and Airbus have reached an amicable and mutually agreeable settlement in relation to their legal dispute over A350 surface degradation and the grounding of A350 aircraft, a Qatar Airways statement said.
A repair project is now underway and both parties look forward to getting these aircraft safely back in the air, it said.
The details of the settlement are confidential and the parties will now proceed to discontinue their legal claims. The settlement agreement is not an admission of liability for either party, it said.
This agreement will enable Qatar Airways and Airbus to move forward and work together as partners, said the statement.
The settlement ends a $2 billion row over surface damage on the long-haul jets. -TradeArabia News Service