{"id":82000,"date":"2024-10-29T00:00:00","date_gmt":"2024-10-29T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2024\/10\/29\/european-airlines-feel-the-impact-of-boeing-and-airbus-delivery-delays\/"},"modified":"2024-10-29T00:00:00","modified_gmt":"2024-10-29T00:00:00","slug":"european-airlines-feel-the-impact-of-boeing-and-airbus-delivery-delays","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2024\/10\/29\/european-airlines-feel-the-impact-of-boeing-and-airbus-delivery-delays\/","title":{"rendered":"European airlines feel the impact of Boeing and Airbus delivery delays"},"content":{"rendered":"

European airlines feeling the impact of planemaker delays: <\/strong>European airlines, including Lufthansa and Air France KLM, are expected to report drops in their 3Q reports this year amid plane shortages and rising costs, while delivery delays from planemakers Airbus and Boeing show no sign of easing anytime soon, Reuters<\/a> reports. The delays have forced airlines to use older models that are expensive to maintain and use up more jet fuel. Carriers are also feeling the impact of rising maintenance costs, adverse weather conditions, air traffic control issues, and disruptions due to tension in the Middle East.<\/p>\n

(** Tap or click the headline above to read this story with all of the links<\/strong> to our background and outside sources.)<\/p>\n

Bleak outlook: <\/strong>\u201cWe don\u2019t expect to get [new Boeing aircraft] until 2026. And we need them,\u201d Lufthansa Chief Executive Carsten Spohr told journalists. The carrier forecasted to report a 9% y-o-y dip to EUR 1.3 bn in its top line in its 3Q earnings, the newswire reports, citing a company-led analyst poll.<\/p>\n

Demand is unwavering:<\/strong> \u201cEuropean airlines are in an extremely unequal competitive position with China, as well as with airlines from the Persian Gulf and Bosporus,\u201d a Lufthansa spokesperson told Reuters. \u201cAll airlines from these countries benefit from low location costs, different social standards and high government investment in the aviation sector.\u201d <\/p>\n","protected":false},"excerpt":{"rendered":"

Stories on our radar this morning from around the 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