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Lufthansa reported today, November 5, during its quarterly results presentation, that it still has a pessimistic scenario ahead and anticipated further changes in its structure and fleet, with the retirement of the world’s largest passenger aircraft.
The company says it has revised its market recovery estimates downwards, looking forward to a pessimistic scenario. Therefore, one of its actions is to delay the reception of more aircraft and to assume that part of its fleet will no longer return to service.
In its Investor Report with Results for Q3 2020, the company says that “based on current fleet planning and decisions made by the board of shareholders, we assume that five Boeing 747s, eight Airbus A380s, 17 A340s , 15 A319 and 11 A320 will be permanently removed “.
These eight A380s that the company mentions are expected to join the other six A380s that have already been retired and resold to Airbus, the giant’s manufacturer. The company didn’t say when the big plane’s last return date would be.
The A380 has become a “shoe in the shoe” for several airlines, due to its high consumption and its own equalize (equilibrium point) which is reached only with the plane in flight practically full, which forces it to operate on international routes with very high demand, which justify the operating costs. With that, an observed movement in the market, among the companies that own it, is to exchange it for cheaper twin-engine jets.
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