Dec. 1 (UPI) -- Airbus' stock shares declined on Monday after the European aerospace manufacturer announced a recall of its A320 planes for a software update because of a sudden drop in altitude of a JetBlue plane in late October.

Paris-listed shares of Airbus were down 5.81% on the European Stoxx 600 index to $192.58 after the closing bell on Monday. The stock was $160.14 at the start of the year, up 32%.

Airbus' stock dropped 2.42% to $56.35 over-the-counter in the United States at 2 p.m. EST, and is up 40.41% year to date.

Airbus market capitalization is $183.4 billion, ahead of rival U.S.-based Boeing's $143.7 billion.

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