Flying-Tiger
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Lufthansa FD 728 - Again On The Agenda

Tue Oct 08, 2002 11:10 pm

A press release from Lufthansa last week heavily suggests that the FD 728-100 is still LH´s favoured option and indicates that the carrier is heavily trying to rescue the programm behind the scenes. A final decision still has not been taken but the words "60 FD728" have been spoken. I´ve the press notice but it is in German only.

Regards
Flying-Tiger
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LHMark
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RE: Lufthansa FD 728 - Again On The Agenda

Tue Oct 08, 2002 11:48 pm

I hope for the best. Lufthansa is demonstrating a type of corporate mentality that many would consider out of date. It is, however, the mentality that in effect spawned the great aviation heritage of nations like Germany, Italy, France, the UK, and the USA. Props to LH for investing in the German aerospace industry! (Yes, I know FD is a US firm now)
"Sympathy is something that shouldn't be bestowed on the Yankees. Apparently it angers them." - Bob Feller
 
keesje
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RE: Lufthansa FD 728 - Again On The Agenda

Wed Oct 09, 2002 12:02 am

Looks don't say everything, but it looks very good. High efficiency, growth potential, environmental friendly.

I was surpriced about its fate so far ...


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godbless
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RE: Lufthansa FD 728 - Again On The Agenda

Wed Oct 09, 2002 12:05 am

Silently that is what I had hoped for after they had cancelled the order for the planes. Now my hope has grown a little more... After all the 728 is the most advanced plane in it's class.

Max
 
Greg
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RE: Lufthansa FD 728 - Again On The Agenda

Wed Oct 09, 2002 12:27 am

I believe it's a lifeline. Since investors are lined up, albeit without ALL the funding, LH is saying.....'if you commit to building it, we will commit to buy it.'
Of course, the financiers are looking in the other direction (you buy/we will build). At any rate, the fat has been now cut out of the program with the receivership--helping with overhead and general expenses.

This aircraft is tailor made to LH's specifications...they have always been the driving force. Although it is a buyers market, airlines are somewhat lacks to commit right now to any new programs--that's actually good news because it gives Dornier some extra time. I believe the aircraft would be a year late to market---following the 170 and CRJ700. Being third doesn't hurt, the 777 has carved out a very successful niche by being last.

Hopefully, it will come together.

The quality and economy of the aircraft have not been questioned, just the over design and (dare I say) mismanagement of some aspects of the project (i.e. side controller vs. yokes, etc).
 
CRJ 900
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RE: Lufthansa FD728

Wed Oct 09, 2002 3:58 am

I hope they can work it out and get this program back on track. The Embraer is nice, but the DORnier is far nicer.
 
johnnybgoode
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RE: Lufthansa FD 728 - Again On The Agenda

Wed Oct 09, 2002 10:44 pm

i´d say that indicates that LH does not consider the ERJ 170+ at all as a viable option for its future fleet. its certainly a nice aircraft, but i don´t think that LH is interested in the brazilian aircraft family.

there were some rumours in the not too distant past that there were so russian investors willing to commit financial funds to FaiDo, but i believe there are also some european parties interested in reviving the project.

cheers
daniel




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Greg
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RE: Lufthansa FD 728 - Again On The Agenda

Thu Oct 10, 2002 1:00 am

So, FT...who is the financial backing from?
Is it realistic?
Or is it the Dornier and Nestle families again (which came to nothing)?

When came we expect any kind of annnouncement?

Johhnybegoode: Lufthansa has a strong preference for a wider cabin (for 4 across business seating). However, they have already stated during the initial Dornier receivership that they would persue the Embraer alternative if the 728 would not be built.

 
Flying-Tiger
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RE: Lufthansa FD 728 - Again On The Agenda

Thu Oct 10, 2002 1:13 am

Financial backing: I can only guess, I assume that most comes from venture capitalists plus more from thefederal and later local government if the deal goes through.

IMO it is realistic seeing the backing they are getting from Lufthansa but this is something the next weeks have to show. An announcement is expected in the weeks to come but before the end of October.

Regards
Flying-Tiger
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ILS25R
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RE: Lufthansa FD 728 - Again On The Agenda

Thu Oct 10, 2002 1:14 am

Never heard of that in the company !
Where on the link did you get that ?
It says:" LH drops FD 728, starts replacement search."

Rgds ILS
 
johnnybgoode
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RE: Lufthansa FD 728 - Again On The Agenda

Thu Oct 10, 2002 3:34 pm

for some info on a continuous interest on the FD 728, please check out http://www.finanznachrichten.de/nachrichten-aktien/lufthansa.asp.

i don´t know for sure who exactly the investor party is, but i believe they are form Switzerland. i could very well imagine they´re trying to revive to program with help of federal aids from German authorities.

Greg, as i was told Embraer representatives were already in FRA and Lufthansa is not to keen on their jet family. it´s not only about the 4-abreast thing (it´s certainly true that LH would prefer the 728 due to its wider cabin).

there is no official statement, of course, but i was told by credible people of the industry.

regards
daniel

If only pure sweetness was offered, why's this bitter taste left in my mouth.
 
Greg
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RE: Lufthansa FD 728 - Again On The Agenda

Thu Oct 10, 2002 9:58 pm

Johnnybegoode: You're much closer to the source. And I don't read/speak German...so I'll go with what you say.
I can only comment on what bits make it over here to the States.
Thanks for the update.
Brgds.
 
Greg
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RE: Lufthansa FD 728 - Again On The Agenda

Fri Oct 11, 2002 10:28 pm

Is there any more news?
What's the likelihood of this happening?

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