lhuaaua
Posts: 44
Joined: Sat Sep 15, 2001 6:10 pm

LH Cancels A380 Orders And Cuts More Routes

Thu Sep 20, 2001 3:33 am

More news from LH

Cancellation of order of up to 15 Airbus A380 and of 4 Boeing 747-400

Following routes will be cut:
Frankfurt-Paris/Orly
Frankfurt-Valencia
Hamburg-London/Stansted
Düsseldorf-Moscow
Dortmund-Copenhagen

Source: LH


 
teahan
Posts: 4993
Joined: Sun Nov 21, 1999 11:18 pm

RE: LH Cancels A380 Orders And Cuts More Routes

Thu Sep 20, 2001 3:38 am

Hello,

Terrible news but:

AFAIK, it isn't exactly a cancellation is it since the 15 plane A380 order was never official.  Big grin

Jeremiah
Goodbye SR-LX MD-11 / 6th of March 1991 to the 31st of October 2004
 
Lufthansa404
Posts: 134
Joined: Thu Aug 16, 2001 7:21 am

RE: LH Cancels A380 Orders And Cuts More Routes

Thu Sep 20, 2001 3:57 am

Sad, but in these days this is the only way to try getting out of the loss zone.
Sad that those 744 arent delivered anymore. And for the A380, it will come but just not now. Lufhansa doesnt really need it, as there arent that many routes that would demand such a huge plane on the routes out of FRA. I could be wrong, but thats how I see it.
And not forget, Lufthansa has also ordered the A340-600 which it allready has a simulator up n running.

Cheers,

Jan
 
johnnybgoode
Posts: 2144
Joined: Wed Jan 03, 2001 8:47 pm

RE: LH Cancels A380 Orders And Cuts More Routes

Thu Sep 20, 2001 6:07 am

taken from http://biz.yahoo.com/news/airlines.html

Lufthansa Freezes Plans to Buy Jets

Lufthansa Says It Will Stop Hiring New Workers and Freezes Plans to Buy New Jumbo Jets

Lufthansa on Wednesday froze plans to buy new jumbo jets and said it would stop hiring new workers -- cost-cutting measures aimed at coping with an expected air travel slump in the wake of the U.S. terror attacks.

Europe's No. 2 airline after British Airways also announced higher ticket prices, saying they would be needed to cover the costs of insurance and increased security measures.
In a statement after a board meeting in Frankfurt, the German flag carrier said it would put a hold on the purchase of up to 15 Airbus A380 super-jumbo jets as well as four Boeing 747s. The measures would "align the company with changed circumstances in world air traffic,'' it said in a statement.
While it wouldn't lay anyone off, the company said it would impose a hiring freeze.
The attacks last week have added to the gloom surrounding the airline industry, already suffering from the global economic slowdown. Major U.S. and European carriers have announced cutbacks in flights and workers.
Earlier this month, Lufthansa said it would seek approval from its supervisory board to buy the A380s, which are designed to carry up to 555 passengers in three classes on two seating decks. The plane is scheduled to enter service in 2005.
(...)
Lufthansa also said it was "inevitable"' that there will be a "marked rise in ticket prices due to the dramatic increase in insurance premiums and the cost of necessary, increased security."'
Revising its timetable, it announced it would drop five European routes, on top of the three daily flights to the United States that it already announced it will cut. The latest routes axed are Frankfurt-Paris/Orly, Frankfurt-Valencia, Hamburg-London/Stansted, Duesseldorf-Moscow and Dortmund-Copenhagen.
Analyst Chris Tarry of Commerzbank in London said all major European carriers faced a tough outlook, pointing out that a slowdown in U.S. travel could hit Lufthansa hard.
The airline sells roughly $920 million a year in tickets from the U.S. to Germany, and another $550 million in follow-on tickets to other destinations in Europe, he said.
The company acknowledged Wednesday that it won't reach its target set in August for profit of $644 million and $690 million this year. It didn't offer a new forecast.

-------

well, i think no one is really surprised that LH has postponed its decision on the A380s and the additional 744s...

however, LH has repeatedly stated that LH could already use the A380 on routes from FRA to DEL, JFK, SIN and NRT so obviously there is demand, and it will be there in 5 years time.
although airlines and the aviation industry is currently facing a very, very bad time, i´m convinced in the not too distant future, it will pick up again and resume where it stopped...

Lufthansa hasn´t got an A340-600 simulator, yet, and i´m pretty sure about that. they made so much fuss about the new CRJ 700 simulator which they received this spring, and that was only a few months before the CRJ 700 went into service, so there would certainly have been anything to hear about if they had taken one for the a346s already. they´re gonna receive the first a346 in July of 2003, bearing the registration D-AIHA, so it is way too early for any training...

rgds
daniel




If only pure sweetness was offered, why's this bitter taste left in my mouth.
 
Guest

RE: LH Cancels A380 Orders And Cuts More Routes

Thu Sep 20, 2001 8:09 am

Isn't LH freezing IAD-TXL for this winter as well?
 
User avatar
RayChuang
Posts: 8030
Joined: Sat Jun 24, 2000 7:43 am

RE: LH Cancels A380 Orders And Cuts More Routes

Thu Sep 20, 2001 8:14 am

I think it's just a case of LH delaying its deliveries of A380-800's until maybe around 2009-2010 time frame. That means LH could hold off placing its order for the A388 until around 2004-2005 time frame--long time to wait!  Smile
 
johnnybgoode
Posts: 2144
Joined: Wed Jan 03, 2001 8:47 pm

RE: LH Cancels A380 Orders And Cuts More Routes

Thu Sep 20, 2001 7:58 pm

TXL-IAD, and one of the daily FRA-JFK and FRA-IAD will be dropped this winter.
according to reports on the Lufthansa homepage, it seems that they intend to resume all these services again next summer schedule...

rgds
daniel
If only pure sweetness was offered, why's this bitter taste left in my mouth.
 
johnnybgoode
Posts: 2144
Joined: Wed Jan 03, 2001 8:47 pm

RE: LH Cancels A380 Orders And Cuts More Routes

Fri Sep 21, 2001 6:21 pm

Lufthansa doesn´t only cut some routes and postpone some orders, it seems they will also ground some aircraft.
according to http://www.atwonline.com/index.cfm
"Lufthansa has shelved plans to order up to 15 A380s and four 747-400s and instead will park at least 20 of its 236 aircraft.
The airline said it "reserves the right" to decommission two more long-range aircraft and a further six short-range aircraft in the coming weeks. In Aug. it announced plans to ground eight 747-200s."

rgds
daniel
If only pure sweetness was offered, why's this bitter taste left in my mouth.

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