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Lufthansa to receive fewer A320neos than expected this year

Published 13/04/2017, 13:56
© Reuters. The logo of German airline Lufthansa is seen before the company's annual news conference at the airport in Munich
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BERLIN (Reuters) - Lufthansa (DE:LHAG) is due to receive five A320neo jets this year, a spokeswoman said on Thursday, half the number it originally expected, as delivery delays hamper the Airbus (PA:AIR) plane.

Lufthansa, which was the first airline to operate the A320neo and took delivery of five of the jets in 2016, had said at the end of December that it expected 10 of the medium-haul planes this year.

A spokeswoman said Lufthansa was now expecting five this year, with the next one slated to arrive in the summer.

That could affect Lufthansa's capex plans for this year. The airline said in March it expected to spend 2.7 billion euros (2.29 billion pounds) this year.

Airbus delivered 12 A320neos in March to bring the 2017 total to 26, but deliveries remain behind schedule due mainly to problems with engines from Pratt & Whitney (N:UTX), one of two suppliers.

© Reuters. The logo of German airline Lufthansa is seen before the company's annual news conference at the airport in Munich

Lufthansa Group has ordered 116 of the A320neo family jets in total, with around half to have Pratt engines and the other half engines made by CFM, a joint venture between GE (N:GE) and Safran (PA:SAF).

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