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

David Blitzer and Blackstone-backed group snaps up Indian cricket franchise for .8 billion
World

David Blitzer and Blackstone-backed group snaps up Indian cricket franchise for $1.8 billion

Royal Challengers Bengaluru’s players celebrate with the trophy after winning the Women’s Premier League (WPL) Twenty20 final cricket match against Delhi Capitals at the Kotambi Stadium in Vadodara on February 5, 2026. (Photo by Shammi MEHRA / AFP via Getty Images) / — IMAGE RESTRICTED TO EDITORIAL USE – STRICTLY NO COMMERCIAL USE — Shammi […]

Read More
Meta makes ‘big bet’ on top leaders with stock options as pressure builds to catch up in AI
World

Meta makes ‘big bet’ on top leaders with stock options as pressure builds to catch up in AI

Arda Kucukkaya | Anadolu | Getty Images Meta is granting stock options to key leaders in an effort to retain talent as pressure intensifies on the company to bolster its position in artificial intelligence. The executives in the incentive plan include CFO Susan Li, technology chief Andrew Bosworth, Chief Product Officer Christopher Cox and operating […]

Read More
CNBC Daily Open: U.S.-Iran talks remain clouded in uncertainty
World

CNBC Daily Open: U.S.-Iran talks remain clouded in uncertainty

President Donald Trump speaks during a ceremony for newly sworn in Secretary of the Department of Homeland Security Markwayne Mullin in the Oval Office at the White House in Washington, March 24, 2026. Chip Somodevilla | Getty Images Hello, this is Dylan Butts writing to you from Singapore. Welcome to another edition of CNBC’s Daily […]

Read More