Airbus Terminates Purchase Order With Skymark Airlines for A380s

Following discussions with Skymark Airlines and in light of the airline’s expressed intentions in respect of the A380, Airbus has in accordance with its contractual rights, notified Skymark Airlines that the purchase order for the six A380s signed in 2011 has been terminated. Airbus is reserving all its rights and remedies.

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Source: Airbus, an EADS N.V. company (Paris: EAD.PA)
Date: Jul 29, 2014