Economics

Lufthansa Weighs Slowing Deliveries of 777X in Boeing Blow

Big jet critical for planemaker as it prepares for 2020 launch
Airline may need more Airbus A350s, fewer 777Xs, CEO says

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By Richard Weiss and Julie Johnsson

June 1, 2017 at 2:16 PM UTC

Updated on

June 2, 2017 at 7:32 AM UTC

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Deutsche Lufthansa AG is considering stretching out deliveries of Boeing Co.’s new 777X aircraft, concerned about the cost and size of the big jet as managers review the airline’s fleet needs.

A decision on the new timeline is “urgent” and could be reached by September, according to an internal video presentation by Lufthansa Chief Executive Officer Carsten Spohr. The German airline may take additional Airbus SE A350 planes, which carry fewer passengers than the 400-seat Boeing jet.