Airbus Software Glitch Triggers Global Jet Fix — Most A320s Now Updated - video Dailymotion

Benzinga

Airbus shares slipped after the company disclosed a software glitch affecting A320-family jets, though most of the 6,000 impacted aircraft have now been updated. Airlines like Avianca and JetBlue are still facing disruptions as older jets require replacement computers amid a chip shortage. CEO Guillaume Faury apologized as global safety scrutiny intensifies.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02Airbus shares traded lower Monday after the company reported a software glitch affecting

00:06its A320 family jets and said most aircraft have now received the required modification.

00:13According to Reuters, Airbus fleets began returning toward normal operations after

00:17airlines completed a rapid retrofit to address a vulnerability linked to solar flares in a

00:22recent JetBlue mid-air incident. Airbus said most of the roughly 6,000 defected jets have

00:27been updated, with fewer than 100 still pending. Avianca paused bookings until December 8th,

00:34and JetBlue planned to cancel about 20 flights on Monday.

00:37Questions remain about older A320, family jets that need replacement computers instead of

00:43a software reset amid a global chip shortage. CEO Guillaume Forry apologized as the company

00:48faced heightened global safety scrutiny. For all things money, visit Benzinga.com.

Airbus Software Glitch Triggers Global Jet Fix — Most A320s Now Updated

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