Airbus shares dip as best-selling jet faces quality glitch

By Reuters News

- Shares in Airbus AIR.PA fell more than 1% on Friday after the European planemaker said it had discovered a quality flaw inside the fuselage of hundreds of best-selling A321neo jets.

Confirming a report in The Air Current, Airbus said the problem involved coatings applied to a structural component of the forward fuselage, but did not pose an immediate safety risk.

It did not immediately respond to a query on whether deliveries could be affected, but said a repair had been found.

Shares in the planemaker fell around 1.3% in early trading, lagging other CAC 40 blue-chip stocks.

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.