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Airbus Loses 2 Orders, Boeing May Gain $7 Billion Fighter Sale

In the continuing soap opera that depicts the relationship between Airbus and Qatar Airways, the airline has cancelled orders for two more A320neos that were not delivered on time. And in another drama that has taken years to play out, Boeing Co. (NYSE: BA) may be on the verge of selling $7 billion worth of fighter planes to Qatar and Kuwait, according to an exclusive story from Reuters.

In early June, Qatar Airways CEO Akbar Al Baker cancelled an order for one A320neo of a total order of five because Airbus had failed to deliver the plane within a contractually specified number of days late. The two orders that were cancelled on Thursday were among the five.

Aviation Week reported that Al Baker told a press conference in Doha that the problems with the new aircraft have not been resolved. The airline has refused to take delivery of the new planes before...