Shares of European aerospace giant Airbus
The flaw, which is said to affect the aircraft’s fuselage panels, is delaying some deliveries but there are no immediate indications that it has reached aircraft in service, Reuters reported, citing unnamed sources.
In response, Airbus confirmed it had identified a quality issue regarding a “limited number” of A320 metal panels, saying the source of the issue has been “identified and contained.” CNBC has contacted Airbus for comment.
Paris-listed shares of Airbus plunged to the bottom of the pan-European Stoxx 600 index on the news. The stock was preliminarily 5.8% lower after the closing bell on Monday, paring losses from earlier in the session.
The latest report comes after Airbus said the vast majority of the roughly 6,000 A320-family aircraft impacted by a software glitch over the weekend had now received the necessary modifications.
In a statement published Monday, Airbus apologized for delays caused to passengers and airlines impacted by the software issue, which affected more than half of the narrow-body fleet and forced airlines to ground jets during one of the busiest travel weekends of the year.
The directive — among the largest in the 55-year history of Airbus — quickly spilled into U.S. holiday travel and stretched to Australia. The disruption, linked to solar flares, hit especially hard in Asia, where the single-aisle A320 family anchors short-haul networks.
American AirlinesDelta Air Lines
Meanwhile, shares of French aerospace and defense firm Thales
— CNBC’s Victor Loh contributed to this report.
International: Top News And Analysis
Read the full article <a href="Read More” target=”_blank”>here.
