| By Jens Flottau |
 Lufthansa is against the planned government support for Airbus delivery financing. “We want competition, but we want fair competition,” Lufthansa’s Senior Vice-President of Corporate Fleet, Nico Buchholz, told The DAILY. “This [plan] is annoying,” he said on the sidelines of the first Embraer 195 delivery to Lufthansa subsidiary Air Dolomiti in Sao José dos Campos/Brazil. The French government proposed earlier this week to provide around EUR5 billion in export guarantees for Airbus customers that have difficulties finding fincancing for current aircraft deliveries. Due to cancellations and deferrals, Airbus has virtually no overbooking left of its 2008 production and is keen to protect the planned deliveries. Following the French proposal, the German and Spanish governments study similar aid packages, too. In spite of the much-reduced demand, Lufthansa is sticking to its plan to take delivery of 50 new aircraft this year. The acquisitions are paid through its own operating cash-flow and are equivalent to an investment of EUR2.5 billion. Lufthansa no longer expects to take delivery of its first two Airbus A380s this year, but it is still confident to introduce them for the summer timetable in March 2010. Among the 50 new aircraft are the first 15 of 30 Embraer 190/195s on firm order. Five aircraft are earmarked for Air Dolomiti, and 25 are likely to be operated by regional subsidiary CityLine. According to Buchholz, Lufthansa will start the acquisition process for either the Airbus A350XWB or the Boeing 787 in the summer, but a decision this year is “very unlikely. With capacity to be kept flat as a reaction to the global downturn, Lufthansa is actively marketing part of its existing fleet. Five widebodies, including A340s and A300-600s, are up for sale and the airline is also selling some of its Boeing 737-300s. Photo: Lufthansa source: www.aviationweek.com |
