Airbus is withholding deliveries to airlines owned by HNA the troubled finance-to-aviation conglomerate amid a dispute over late payments.
A person close to the European aircraft maker confirmed that a number of A330 widebody aircraft due to be delivered to HNA owned airlines were being held on the tarmac in Toulouse while discussions with the Chinese group continued. The dispute was first reported by Reuters news agency.
“There are problems with finance,” one person with knowledge of the subject told the Financial Times. “But we are talking and there is progress.”
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