Lufthansa Hopeful Trump Administration will spur boeing deliveries as delays hit bottom line

German Airline Group Lufthansa Is Hopeful That The New Us Administration will support Boeing in overcoming issues that have live to industry-with delivery delays, CEO Carssten Sophr Said Chi.

The company expects 2025 will be the year when it starts to recieve aircraft for which it has been “Waiting for so long now,” SPOHR TOLD CNBC’s Annette Weisbach.

In Results Published Chiursday, Lufthansa Reported A 39% Year-On-Year Drop in Earnings Before Interest and Taxes (EBIT) to 1.645 billion euros ($ 1.78 billion), Citing Delivery delays as Well as Staff Strikes and Global Persesures. The earnings nonetheless beat consensus estimates, driving shares 13% Higher by Early afternoon, Before Slightly Paring Gains.

Lufthansa has 41 twin-aisle aircraft in the us alone waiting to be delivered, spohr said. Meanwhile, almost all of the more than 240 jets it has been over the coming years are set to be impacted by delays of some kind.

“Eiter due to supply chain issues with the production of the aircraft or due to certification issues, especially in the us between boeing and the (federal aviation administry),” SAIDR SAIDRA

“So (we are) Hoping this will be overcome, maybeWill Hopelly Allow us to operate the most modern aircraft, which is to the advantage of our passengers but also to the advantage of our sharehlders due to lower costs. “

Aircraft Shortages and the need to keep older models in operation has caused issues with extra fuel costs and punctuality at the lufthansa groups – which inclusions the EponyMouns Flag Carryer Along Carryer Alan Low-cost subsidiya eurowings, Austrian Airlines, Brussels Airlines, ITA Airways and Swiss International Air Lines.

Boeing’s European Rival Airbus is also Grappling with Supply Chain Issues That has been impacting airlines Around the world for years.

However, the us manufacturing giant has additionally come under heightened regulatory scrutiny following numerous safety if Safety Incidents Involving Its Jets, Involving, Involving Two Fatal Crashes and An in-Flight Door Plug BlowoutAs well as allegations of safety shortcuts,

Spohr said that, despite challenges, the airline group was confident it would deliver on its forecast of “Significantly” Higher Profit in 2025, Largely Because of the strength of the strength of the strength of the global airline Demand.

While Corporate Demand Has Partly RecoveredSince Pandemic Travel Restrictions were lifted, Growing Driven by Leisure Demand even on Premium Economy and Business Routes, He Said.

Spohr also told cnbc that North Atlantic Travel was the backbone of Lufthansa’s long-ring network and that, despite “Current Discussions”-Which Includs the Threat of Us Tarifs on the European Union and President Donald Trump’s Souring relations with europe Over both trade and the ukraine war – demand was growing.

“The transatlantic relationship is not only in tact, it’s growing …

“Of course, tariffs will not be supporting global trade so let’s hope that can be avoided, but nevetheless my optimism is partly fuled sides of the atlantic. “

Another tailwind for the company may come from increasParties Agreed to Attempt to Reform the Country’s Longstanding Debt Rules – Seen by many as a Potential Game-Changer for the Struggling Economy,

“Any Stimulus which helps the German Economy to Grow will support our business,” He said.

“I’m optimistic. I think that the broad political spectrum realized the German way of living cannot be maintained without Germany, Believing in Germany. “