Lufthansa looks for A380 compensation

Published 9:00 pm Tuesday, April 17, 2007

German carrier Lufthansa AG closed out 2006 with what its CEO called “one of the best results in the history of our company.”

The growing airline will consider buying up smaller airlines in its future, according to an AP report. On Tuesday, Lufthansa ‘s board agreed to expand the company’s fleet with orders of 45 short-range aircraft from Bombardier and Embraer. (For more on Lufthansa’s 2006 earnings and recent order, http://konzern.lufthansa.com/en/html/presse/pressemeldungen/index.html).

The launch customer of Boeing’s 747-8 Intercontinental, Lufthansa still intends to seek compensation from Airbus for delays of its A380 aircraft. The carrier expected delivery of its first A380 in 2008 but won’t receive its first superjumbo jet until mid-2009.

“We’ll try to get as much as we can,” Lufthansa’s CEO Wolfgang Mayrhuber said, according to the AP.