Airbus shares fall 10% on reports of new quality issue on dozens of A320 aircraft

Airbus shares fall 10% on reports of new quality issue on dozens of A320 aircraft


A Spirit Airlines Airbus A320 airplane approaches San Diego International Airport for a landing from Las Vegas on May 9, 2025 in San Diego, California.

Kevin Carter | Getty Images

Shares of European aerospace giant Airbus fell more than 10% on Monday morning, following reports the company has discovered an industrial quality issue regarding dozens of A320-family aircraft.

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.

Airbus was not immediately available to comment when contacted by CNBC.

Paris-listed shares of Airbus plunged to the bottom of the pan-European Stoxx 600 index on the news. The stock was last seen down 10%, on track for its biggest daily drop since March 2020, according to LSEG data.

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 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.

— CNBC’s Victor Loh contributed to this report.



Source

Retail firms warn of price hikes if Iran war extends for months
World

Retail firms warn of price hikes if Iran war extends for months

Shipping containers are stacked at the port of Los Angeles in Long Beach, California, U.S., March 10, 2026. Caroline Brehman | Reuters Retail firms are warning that the conflict in the Middle East is driving up costs and could lead to price hikes if the war continues beyond the short term.  Instability in the Middle […]

Read More
Trump says Iran let 10 oil ships through Strait of Hormuz as ‘present’ to U.S.
World

Trump says Iran let 10 oil ships through Strait of Hormuz as ‘present’ to U.S.

Iran allowed a total of 10 oil tankers to pass through the Strait of Hormuz this week as a “present” to the United States, President Donald Trump said Thursday. Iran made the gesture to show the U.S. “the fact that we’re real and solid and we’re there,” Trump said during a Cabinet meeting. The comments […]

Read More
Trump says oil and stock market reaction to Iran conflict not as severe as he expected
World

Trump says oil and stock market reaction to Iran conflict not as severe as he expected

President Donald Trump said Thursday that neither the spike in oil prices nor the slump in the stock market during the Iran war were as bad he had anticipated. In a Cabinet meeting, Trump expressed confidence in the war effort and said the economic damage will reverse. Addressing Treasury Secretary Scott Bessent, the president said […]

Read More