Boeing (New York Stock Exchange: BA) delays in commercial aircraft deliveries are “extremely annoying” and costly for Lufthansa (OTCQX:DLAKF) (OTCQX:DLAKY), the head of the German airline said in an interview published this weekend.
“This is extremely annoying and costs us a lot of money. However, I am insurance boeing (licensed in letters) will control the problems,” Cartsen Spohr, CEO of Lufthansa (OTCQX:DLAKF) (OTCQX:DLAKY), stated in an interview with the Swiss newspaper Neue Zuercher Zeitung. “Everyone has an interest in Boeing (licensed in letters) to be able to build large aircraft more reliably again soon.
Several US airlines have cited delays in receiving new aircraft from Boeing (BA) as negative for their revenue and profit growth.
The US Federal Aviation Administration had this year limited Boeing's (BA) production of its best-selling 737 Max after a near-catastrophe on January 5. A metal panel used in place of an optional emergency exit exploded on a new 737 Max 9 carrying 177 passengers and crew, forcing an emergency landing.