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Lufthansa might cancel orders for new aircraft in light of the profit warning

Cologne, Germany - The Chief Financial Officer of the German company has concerns about the strong capacity growth by Gulf carriers

Lufthansa might decide to cancel some of its outstanding orders for new aircraft (or to defer delivweries) in light of the negative profit forecasts presented by Carsten Spohr, Chief Executive Officer of the German carrier. The Cologne-based company is expected to conclude 2014 with an operating profit of 1 billion Euros, against a forecast between 1.3 and 1.5 billion Euros. Operating profits in...

AVIONEWS - World Aeronautical Press Agency - 1160879
Rome, Italy, 06/12/2014 19:20
AVIONEWS - World Aeronautical Press Agency

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