Lufthansa Chief Urges Embraer to Build Larger Jets to Challenge Airbus and Boeing

Overview

• Embraer says it is studying new aircraft options but has not defined what type of jet it might launch.
• Lufthansa faces major Boeing delivery delays, with aircraft once due in 2021 now expected in 2027 and 41 jets missing last European summer.
• About 20 Lufthansa aircraft are parked each day because of Pratt & Whitney engine shortages, which Spohr says is constraining capacity and keeping fares high.
• The carrier is evaluating new Brazil routes such as Fortaleza and Recife, yet Spohr does not expect expansion there for at least two years due to limited fleet availability.
• Spohr called for more consolidation in aviation, highlighting Lufthansa’s 41% acquisition of ITA Airways this year and its review of a potential TAP operation.