Boeing Delivery Delays: Lufthansa Says Over 40 New Aircraft “Should Have Flown Now Already”

Lufthansas group CEO Carsten Spohr said on Monday that the core airline is struggling as the groups new problem child as a result of delivery delays and higher costs that put it as a disadvantage compared to regional rivals. The Lufthansa Group as a whole includes Austrian Airlines, SWISS, Eurowings and Brussels Airlines for instance. With a 10% decrease in shares over the last six months according to Reuters, Lufthansas financial situation is fragile with profit warnings given rising costs having a severe impact.

Leave a Reply

Your email address will not be published. Required fields are marked *