TOKYO: Airbus on Tuesday said it has cancelled a $2.2 billion deal with Skymark Airlines for the purchase of six A380 superjumbos, reportedly over concerns about payment.

The Airbus announcement came hours after Skymark said it was locked in “difficult” talks with the European aircraft manufacturer about its 2011 order, which had marked a big victory for the firm in a market long monopolized by rival Boeing.

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