No room for more talks in cancelled Japan jet deal : Airbus

TOKYO, July 31 (AFP): Airbus on Thursday said its decision to cancel a $2.2 billion jet order from Skymark Airlines was final, rejecting the Japanese carrier's suggestion that talks were still ongoing.

The European aircraft maker said this week it had informed Skymark that its purchase of six A380 superjumbos "has been terminated", just hours after the airline said it was still locked in tough negotiations.

Skymark's Tokyo-listed shares plunged in the wake of Airbus announcement, wiping out a quarter of its market value-amounting to about $64 million-in just two sessions.

"We are still in negotiations," a Skymark spokeswoman said Thursday.

A spokesman for the European firm's Tokyo unit told AFP Thursday: "We will not talk about the issue of the shipment anymore, as we have cancelled the order."

He added that Airbus would now be working on a compensation package over the failed deal, which was signed three years ago.