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Lufthansa says the airline is in “intense” talks with both Airbus and Boeing to defer deliveries of new jets, including the Airbus A320neo and A350-900, as well as Boeing’s 787 Dreamliner and the delayed 777X.
“The future of Lufthansa is being decided in these days,”..“It is about avoiding an insolvency with the help of the governments of our four home markets.” said Lufthansa CEO Spohr at the German flag-carrier’s annual general meeting.
Lufthansa executives said they couldn’t answer questions about negotiations for a government bailout, but that it’s in no-one’s best interests to see a collapse.
The crucial German bailout, which could total €10 billion, has been held up as Lufthansa resists ceding influence to the state, people with knowledge of the matter have said. Karl-Ludwig Kley, chairman of its supervisory board, told the AGM that questions regarding details of the talks wouldn’t be discussed.