Airbus and Qatar Airways have settled a dispute over grounded A350 jets, the companies said on Wednesday, averting a potentially damaging UK court trial after a blistering 18-month feud that tore the lid off the global jet market. The "amicable and mutually agreeable settlement" ends a $2 billion row over surface damage on the long-haul jets. The spat led to the withdrawal of billions of dollars' worth of jet deals by Airbus and prompted Qatar to increase purchases from Boeing.
Boeing (BA) is set to provide selected CH-47F components for the CH-47F Block II configuration.
Lockheed Martin, Airbus and General Dynamics have been highlighted in this Industry Outlook article.