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Article: Germany: Lufthansa Deals Blow to Airbus A380 With Order Delay.
- Article from:
- TendersInfo
- Article date:
- October 31, 2009
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Byline: kusumv03
Deutsche Lufthansa AG, Europe s second-largest airline, will deal a blow to Airbus SAS s A380 superjumbo program by seeking to defer deliveries of the plane as the economic slump hurts demand for travel.
The handover of some of the 15 A380s on order will delayed, Lufthansa Chief Executive Officer Wolfgang Mayrhuber said today in Frankfurt, without being more specific. The carrier is currently due to receive the first plane next March after Airbus put back delivery from December because of production problems.
Cologne-based Lufthansa will postpone 2.1 billion euros ($3.1 billion) of investment spending over the next three years, ...