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February 02, 2023

Qatar Airways and Airbus Settle Legal Dispute

Resolution in the Absence of Culpability

Qatar Airways and Airbus announced on 01 February 2023 that they had reached an amicable and mutually agreeable settlement vis a vis a protracted legal dispute over A350 surface degradation and the resultant grounding of the Middle Eastern carrier’s A350 aircraft. A repair solution has reportedly been devised and implemented, and both parties assert they look forward to seeing the affected aircraft returned to service.

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Air India to Acquire Upwards of 495 New Airliners

Massive Deals with Boeing and Airbus Pending

In October 2022, India’s national air-carrier, Air India, was acquired by the Tata Group—a Mumbai-based Indian multinational conglomerate comprising 29 discrete, publicly-listed companies with a combined market capitalization of $311-billion. On 27 January 2023, for purpose of furthering the Tata Group’s aspiration to restore the airline’s reputation in India and overseas, Air India moved to finalize an agreement that would see its fleet revitalized with up to 495 new airliners.

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