LUFTHANSA IN DEEP CRISIS EARTH ALL A380S. Another European project in ashes
Bad news from Germany. Lufthansa revealed that the outlook for international air traffic has deteriorated significantly in recent weeks. With the end of the summer travel season, the number of passengers and bookings is falling again, after slight signs of recovery in July and August.
The Lufthansa Group previously speculated that passenger numbers would reach 50% of pre-coronavirus levels by the fourth quarter of 2020, but that no longer seems realistic. Rather, if current trends continue, the airline expects fourth-quarter seat miles to be around 20-30% of last year's levels.
With today's announcement, the airline takes an even darker view of the recovery.
therefore Lufthansa puts ALL A380s and A340-600s in long-term storage
At the end of April it was announced that the Lufthansa Group would reduce the size of its fleet by 100 aircraft and that number is now being increased to 150 aircraft.
With this latest development:
- Lufthansa's eight remaining Airbus A380s will be moved to long-term storage and removed from planning; the airline had 14 A380s, six were already in stock;
- The remaining 10 A340–600 will also be placed in storage.
then another hyper European project is about to fail and close on the sly. The A380, the double-decker aircraft whose production began in 2005 amid great expectations and ended in 2018, is permanently retiring. hundreds of millions to European aid to develop a super-aircraft also, in the end, risks not reaching 20 years of useful life. Another European failure, the Concorde, had a longer life, as well as a different technological and image impact. A 380 it cost 10.3 billion just for its development, and now it goes to the warehouse to get dusty, and not just in Lufthansa.
Do you understand the great transience of every European Soviet project? Today you draw the future, with the glasses on today, only to discover that everything is wrong, that everything had to be done differently. Don't think the current Green Deal will be any different.
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The article LUFTHANSA IN DEEP CRISIS EARTH ALL A380s. Another European project in ashes comes from ScenariEconomici.it .
This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/lufthansa-in-crisi-profonda-mette-a-terra-tutti-gli-a380-un-altro-progetto-europeo-in-cenere/ on Tue, 22 Sep 2020 07:45:41 +0000.