- Reuters
Aircraft delivery delays having 'brutal' impact on Lufthansa, says CEO
Speaking at the business press club in Stuttgart late Thursday, Spohr said the aircraft shortage could be costing Lufthansa some 500 million euros ($535.00 million) a year, although he did not provide an exact figure. Lufthansa has ordered 250 new aircraft from Airbus and Boeing to modernize its fleet, with deliveries scheduled between 2024 and 2029. However, "no plane arrives on time," said Spohr, adding that around 100 of Lufthansa's 750 aircraft were grounded either for maintenance reasons or because they had been decommissioned.
- Zacks
Lockheed (LMT) Wins Contract to Support F-35 Jet program
Lockheed (LMT) is set to provide production and non-recurring engineering support to aid the F-35 landing and arresting gear system.
- Zacks
Boeing (BA) Wins $115M Deal to Aid MH-47G Helicopter Program
Boeing (BA) is set to procure MH-47G renew build rotary helicopter for the U.S. Special Operations Command (USSOCOM).
