AGL 40.12 Increased By ▲ 0.12 (0.3%)
AIRLINK 131.00 Increased By ▲ 1.47 (1.13%)
BOP 6.86 Increased By ▲ 0.18 (2.69%)
CNERGY 4.50 Decreased By ▼ -0.13 (-2.81%)
DCL 8.75 Decreased By ▼ -0.19 (-2.13%)
DFML 41.45 Decreased By ▼ -0.24 (-0.58%)
DGKC 83.50 Decreased By ▼ -0.27 (-0.32%)
FCCL 32.80 Increased By ▲ 0.03 (0.09%)
FFBL 76.30 Increased By ▲ 0.83 (1.1%)
FFL 11.80 Increased By ▲ 0.33 (2.88%)
HUBC 109.80 Decreased By ▼ -0.75 (-0.68%)
HUMNL 14.30 Decreased By ▼ -0.26 (-1.79%)
KEL 5.42 Increased By ▲ 0.03 (0.56%)
KOSM 8.18 Decreased By ▼ -0.22 (-2.62%)
MLCF 38.91 Decreased By ▼ -0.88 (-2.21%)
NBP 64.00 Increased By ▲ 3.71 (6.15%)
OGDC 196.70 Decreased By ▼ -2.96 (-1.48%)
PAEL 25.80 Decreased By ▼ -0.85 (-3.19%)
PIBTL 7.62 Decreased By ▼ -0.04 (-0.52%)
PPL 156.02 Decreased By ▼ -1.90 (-1.2%)
PRL 26.00 Decreased By ▼ -0.73 (-2.73%)
PTC 17.50 Decreased By ▼ -0.96 (-5.2%)
SEARL 81.16 Decreased By ▼ -1.28 (-1.55%)
TELE 8.07 Decreased By ▼ -0.24 (-2.89%)
TOMCL 33.84 Decreased By ▼ -0.67 (-1.94%)
TPLP 8.70 Decreased By ▼ -0.36 (-3.97%)
TREET 16.76 Decreased By ▼ -0.71 (-4.06%)
TRG 57.50 Decreased By ▼ -3.82 (-6.23%)
UNITY 27.71 Increased By ▲ 0.28 (1.02%)
WTL 1.46 Increased By ▲ 0.08 (5.8%)
BR100 10,561 Increased By 154 (1.48%)
BR30 31,490 Decreased By -223.7 (-0.71%)
KSE100 98,471 Increased By 1142.3 (1.17%)
KSE30 30,658 Increased By 465.2 (1.54%)

LONDON: Qatar Airways has indicated that a provisional agreement to buy up to 50 Boeing 737 MAX jets has lapsed, Boeing’s rival Airbus said in a court document released on Thursday.

The deal, signed in Washington in January, is part of a series of inter-locking agreements caught up in a London court dispute between Airbus and the Gulf carrier over a larger jet.

Airbus requested a copy of the Boeing 737 MAX agreement after the airline brought it up as part of its bid for compensation for damage to the A350, now worth $1.4 billion. But Qatar Airways rejected the request on the grounds that the Boeing deal had now “expired”, Airbus said in a UK court filing.

Airbus cancels deal with Qatar Airways for fourth A350

Qatar Airways had no immediate comment. Boeing declined to comment on discussions with airline customers.

Industry sources say provisional contracts or Memoranda of Understanding of the type signed in January are typically valid for a finite period, but can also be renewed or firmed up depending on the intentions of the planemaker and buyer.

Industry publication AirInsight last month quoted Qatar Airways Chief Executive Akbar Al Baker as saying it intended to confirm the order for 25 Boeing 737 MAX 10 plus 25 options.

Qatar has refused to take delivery of more Airbus A350s in a dispute over damage beneath their painted skin, prompting Airbus to withdraw a contract to provide it with smaller A321neos.

Qatar had meanwhile provisionally ordered the Boeing 737 MAX which competes with the A321neo, sparking the row over whether the Boeing contract could be dragged into the UK court battle.

A British judge was hearing arguments over disclosure of documents on Thursday ahead of a full trial due in mid-2023.

Comments

Comments are closed.