Mathias Meyer

Boeing Delivery Delays: Lufthansa Says Over 40 New Aircraft "Should Have Flown Now Already" Lufthansa’s group CEO Carsten Spohr said on Monday that the core airline is struggling as the group’s new “problem child” as a result of delivery delays and higher costs that put it as a disadvantage compared to regional rivals. The Lufthansa Group as a whole includes Austrian Airlines, SWISS, Eurowings and Brussels Airlines for instance. With a 10% decrease in shares over the last six months according to Reuters, Lufthansa’s financial situation is fragile with profit warnings given rising costs having a severe impact. Read more at: https://lnkd.in/dnDXHx7v #AviationTalk #aviationnews #avgeek #aviation

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🎬 𝗚𝗹𝗼𝗯𝗲𝗔𝗶𝗿 𝗕𝗶𝘇𝗔𝘃 𝗦𝗲𝘀𝘀𝗶𝗼𝗻𝘀 🎙️ 🛫 What’s it really like to lead a business aviation company? ✈️ Join Commander Rienk Stuive and our CEO Bernhard Fragner 🛩 as they explore the unique responsibilities and experiences that come with shaping the private aviation industry. 📌 Tune in to hear Bernhard’s thoughts on the exciting challenges and rewarding moments of working closely with the team and customers to evolve the private aviation experience. 🔗 Have a question about the world of private aviation? Drop it in the comments! #GlobeAir #MyPrivateJet #FlyGlobeAir #PrivateJet #Aviation #BizAv

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✈️ #ISHKAAviationInvestivalNorthAmerica is happening in #NewYork now!   Today, our Managing Director, Christian Schloemann, shared valuable insights under the topic "View from the C-Suite – The lessor perspective."     Read below for a summary of our MD’s view on the state of the aviation leasing market, highlighting key trends and strategic approaches. 💭   🔹 Global Market Demand: Christian emphasizes that the global fleet is set to double over the next 20 years, with the industry's resilience clearly demonstrated by navigating through COVID.   🔹 Strategic Focus: In his view, #teamGOAL is committed to structuring transactions that maximize investor benefits, with a special emphasis on new aircraft and sale-and-leaseback (SLB) deals, leveraging our unique structuring expertise.   🔹 Financing Evolution: As he notes that as some major financial institutions exit the market, we welcome alternative lenders understanding the risks, thereby creating favorable conditions for lucrative transactions.   🔹 Investor Appetite: He presented to the audience that diversifying through funds, joint ventures, and deal-by-deal structures allows GOAL to expand deal opportunities, aligning with investor appetite while ensuring robust asset management.   #aircraftleasing #aviation #AviationFinance

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Recently, we have been experiencing severe weather more frequently. At the airport, this can cause delays or flight cancellations. You may be wondering why this is the case, so we will reveal what happens during severe weather conditions at Frankfurt Airport. Most importantly: At Fraport and Frankfurt Airport, our policy is “Safety First”! #weather #safety #frankfurtairport #fraport

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In May 2024, Frankfurt Airport experienced a skyward surge in traffic, with both passenger and cargo numbers soaring, as reported by Fraport Traffic Figures – May 2024. In the bustling heart of Europe, Frankfurt Airport has once again proven its status as a global aviation hub. With a 6.9 percent increase in passenger numbers and a significant rise in cargo volumes, the airport’s May 2024 figures are a testament to its resilience and growth. #fraport #frankfurt #airport #aerobernie https://lnkd.in/e5Yy2p5r

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Airbus A321-200 passenger to freighter (P2F) conversions will become much more common in the future, but the air cargo market potentially faces a narrowbody oversupply. IBA reported in a webinar this week that the 737-800P2F has dominated the market since 2019, although this is set to change. https://lnkd.in/efuCWWt7 #AirCargo #AirFreight #SupplyChain #Logistics IBA Group

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Flix CFO Christoph Debus was previously CEO of German airline Condor. He compares the CFO's role to a First Officer's responsibility in an airplane cockpit. Watch the full interview on Bloomberg Chief Future Officer: https://lnkd.in/gvdfk658

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Boeing Delivery Delays: Lufthansa Says Over 40 New Aircraft "Should Have Flown Now Already" Lufthansa’s group CEO Carsten Spohr said on Monday that the core airline is struggling as the group’s new “problem child” as a result of delivery delays and higher costs that put it as a disadvantage compared to regional rivals. The Lufthansa Group as a whole includes Austrian Airlines, SWISS, Eurowings and Brussels Airlines for instance. With a 10% decrease in shares over the last six months according to Reuters, Lufthansa’s financial situation is fragile with profit warnings given rising costs having a severe impact. Read more at: https://lnkd.in/dnDXHx7v #aviation 2024-10-04 #

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When the airfreight capacities exceed the demand, when markets are volatile and uncertain, investing €600mio in #hub #infrastructure, and over €350mio in the 18th #B777 #freighter, are indeed #Bold #Moves of Lufthansa Cargo, as outlined in many of Ashwin Bhat’s public addresses to the #Cargo community. But #investing in #training and #people, bringing sales colleagues from the Americas, and the numerous stations in Europe together, so they can share experiences, hone their skills, and further underline their dedication to be there for you - our #customer - in these challenging times…. That’s not only “bold”, that’s an outright #Smart #Move!! Be on the lookout for aya, Carla, Niina, Monalize, Chrysoula, Benedetta, Monica, Emmanuelle, Zoran, Matthias, Erica, Tepe, and Cristina!! I’ve just come to know them, thanks to Beate, and they are proficient and cool!! Let me know when you’ve met them too!! You won’t be disappointed!! Lufthansa Seeheim Lufthansa Group Brussels Airlines Austrian Airlines Lufthansa Training & Conference Center Seeheim #LCCevo #SupplyChain #EnablingGlobalOpportunities #EnablingGlobalBusiness #NetworkingTheWorld

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As Boeing delays over 40 new aircrafts delivery Lufthansa’s Core Airline Faces New economic Challenges Carsten Spohr Lufthansa Group CEO, revealed on Monday that the core airline is currently the group’s “problem child.” The airline is struggling due to delivery delays and rising operating costs, which have placed it at a disadvantage compared to regional competitors. The entire Lufthansa Group—which includes Austrian Airlines , Swiss International Air Lines Eurowings and Brussels Airlines —has felt the pressure, with shares down 10% over the last six months according to Reuters With rising costs impacting profitability, the financial situation remains fragile. As Lufthansa faces these challenges, the road ahead will require decisive strategic actions to regain momentum and maintain its position as a global leader in aviation facing Middle East carriers. #AviationIndustry #Lufthansa #BusinessChallenges #CarstenSpohr #AirlineNews T4EX

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This has been seen in many blog posts and videos about aviation and yes, it still exists and is still used. Kudos to Fraport AG for keeping it in operation, despite the extra costs... https://lnkd.in/dAQXhtnz #aviation #departures #splitflaps #splitflapsrules

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#Meet Herbert Michael Keffel, our Head of Competence Center Operations, ORAT & IT. Herbert is one of our most seasoned aviation professionals and our dedicated expert for #ORAT projects. With a strong and holistic operational background, he knows how to guide and support large teams through complex challenges.   𝗛𝗲𝗿𝗯𝗲𝗿𝘁, 𝘆𝗼𝘂 𝘄𝗲𝗿𝗲 𝗽𝗮𝗿𝘁 𝗼𝗳 𝘁𝗵𝗲 𝗳𝗶𝗿𝘀𝘁 𝗢𝗥𝗔𝗧 𝗽𝗿𝗼𝗷𝗲𝗰𝘁 𝗲𝘃𝗲𝗿. 𝗪𝗵𝗮𝘁 𝘄𝗮𝘀 𝘆𝗼𝘂𝗿 𝗿𝗼𝗹𝗲 𝗶𝗻 𝗶𝘁? Yes true – it was the ORAT for the new Munich Airport in 1992. The relocation from Riem to the current location near Freising was carried out in a truly remarkable overnight operation. I was a resource allocator with ground handling at the time and part of the team that managed the relocation. My job was to allocate trucks and special vehicles to the loading zones to load the material, vehicles and mainly GSE at the old airport and release them to the new airport at the right time to the right place.   𝗪𝗵𝗮𝘁 𝘄𝗮𝘀 𝘀𝗽𝗲𝗰𝗶𝗮𝗹 𝗮𝗯𝗼𝘂𝘁 𝘁𝗵𝗶𝘀 𝗽𝗿𝗼𝗷𝗲𝗰𝘁? It was the first ORAT project in history ever. The beauty was that it was masterminded by the ops planning department of Munich Airport, they in turn acquired people from different areas to manage and execute the project. Everything went seamlessly and without the slightest glitch! From this project, whose methodology was unprecedented at that time, we derived the program that we call ORAT (operational readiness and airport transfer) today.   𝗛𝗼𝘄 𝗺𝗮𝗻𝘆 𝗢𝗥𝗔𝗧 𝗽𝗿𝗼𝗷𝗲𝗰𝘁𝘀 𝗵𝗮𝘃𝗲 𝘆𝗼𝘂 𝗹𝗲𝗱 𝘀𝗶𝗻𝗰𝗲 𝘁𝗵𝗲𝗻? I was involved in 11 and led 6 of them. It is an elevating experience to help bring such complex infrastructure to life and thus connect the world.   𝗪𝗵𝗶𝗰𝗵 𝗼𝗻𝗲 𝘄𝗮𝘀 𝘆𝗼𝘂𝗿 𝗽𝗲𝗿𝘀𝗼𝗻𝗮𝗹 𝗵𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁? The first ORAT project that I participated from start to end was the one in Kuala Lumpur. I was seconded to there from 1996 and it was my first time in southeast Asia. I was young, with a great team that managed this huge project. Another highlight was the sheer size and complexity of Istanbul. The move from TK and their affiliated companies from Atatürk Airport to the new site was the largest move in mankind so far – all goods transported would cover 33 football pitches.   𝗛𝗼𝘄 𝗱𝗶𝗱 𝗢𝗥𝗔𝗧 𝗱𝗲𝘃𝗲𝗹𝗼𝗽 𝗼𝘃𝗲𝗿 𝘁𝗵𝗲 𝘆𝗲𝗮𝗿𝘀? 30 years ago, it was a rather manual exercise, at the very beginning with pen, paper, and whiteboards. This was enough to manage the logistical challenges. With the ongoing digitalization and growing complexity in logistics, IT is increasingly important to manage the project itself but also stakeholders, logistics, trainings, and trials. We now see and test the implementation of cloud based ORAT collaboration and management platforms. The next step will be the introduction if KI to further improve and facilitate logistics, planning and communication and thus streamline ORAT projects. #newairport #ShapingTheFutureOfAirports #airportopening

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Lufthansa Group has extended its wet lease agreement with airBaltic for an additional three years beyond summer 2025! airBaltic will provide up to 21 Airbus A220-300 #aircraft in summer and 5 in winter at various Lufthansa Group hubs. This #partnership enhances operational flexibility, allowing Lufthansa to better serve high-demand destinations and improve connectivity. Under the wet lease arrangement, airBaltic will supply both the aircraft and crew. Ziad Al-Hazmi Jens Bischof Alix Pelz Dieter R. F. Vranckx Rob C. Dr. Frank Bayer Fabrício La Banca Thomas Böttger Lennart May Lars Thuesen Thomas Ramdahl Martin Gauss Elina Prave Alise Bethere Agnese Jakovica Stephanie Chan Maria Dao #aviation #partnership #airbusa220 #connectivity #operationalflexibility #wetlease #airlineindustry #strategicacquisition #ipo #aviationnews #aviationgrowth #airlineexpansion #aerospace #businessstrategy #investment #aviationindustry #aircraft #globalmro #avgeek #mro #mrobtnews #aerospacenegineering #aerospaceindustry #airline https://lnkd.in/dXX4rRQg

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Last week, it was disclosed by Lufthansa that they will be ending its decades long Frankfurt-Beijing flights due to increasing navigational costs by avoiding flying over Russian air space. They currently fly FRA-PEK daily using an A340. LH will however continue to operate 5 weekly MUC-PEK using an A350. My personal opinion is though the total operational costs are high for LH using an A340 flying an extra 4.25 hours round trip versus Air China, fault also lies in there being way too much excess capacity on the FRA-PEK-FRA route itself being dumped by Air China. Just the fuel burn alone is an extra 32,000 litres round trip which averages out to be an incremental cost of US$ 30,000 per flight just on fuel + you have to add the incremental navigational + crew + maintenance on top of that for basic operations. CA flies double daily B773s + LH operates a daily A340 when the p2p market demand over the past 12 months was only 78,000 pax round trip. Granted both CA and LH get a lot of beyond connecting pax at both ends of the spectrum due to their Star Alliance code share feed especially CA whose primary EU gateway point for offline stations is FRA. But that beyond transit market feed via FRA for LH comes at a low yield as they are competing against all the major EU + Gulf + Asian carriers for a slice of the pie. LH made the right commercial and financial decision as it was not viable across all fronts to continue burning cash on this sector when the 2 airplanes dedicated on this route can be re-directed elsewhere on shorter / more profitable sectors i.e. Cape Town + YVR + India in Winter 2024 season. In addition, CA's pricing strategy is way more aggressive than LH and they take a lot of transit pax for Asia via PEK to places that involve a lot of back tracking such as Thailand and Vietnam due to their very low fare offering. Compared to FRA-PEK demand, Shanghai though has much higher p2p with 188,000 pax flying this sector round trip over the past year. Surprisingly though, the yield on FRA-PVG was only 4% higher than PEK over the past year. On the PVG route, there are 3 daily nonstop flights i.e. one daily each flown by LH CA and MU respectively. If you compare, FRA-PVG with 188,000 pax p2p alone has the same number 3 daily nonstop flights against FRA-PEK with market demand of 78,000 only! What has unfortunately happened to LH here was the same fate suffered by BA as Air China too on the London route dumped too much capacity by flying double daily LHR + daily to LGW. On the PVG route, MU flies daily from both airports + CA too flies PVG-LGW! With regards to Munich-Beijing, over here too the p2p market demand is extremely small i.e. 47,000 pax round trip last year but CA flies daily + LH 5 weekly. Granted, MUC is a mega Star Alliance hub for onward transfers to Europe but if FRA-PEK cant be sustained then MUC too would struggle for LH. #lufthansa #staralliance #a340 #a330 #fra #frankfurt #muc #ba #britishairways #virginatlantic

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Every flight your airline sends out costs money. 🛫 💸 Even though the average #passengerloadfactor is coming back to pre-pandemic levels, profit-making and maintaining satisfactory results in PLF in the remains a challenging business. That is especially valid when a new flight destination is launched. So how can you make sure your airline gets ahead when times are good? How can you simultaneously build a strategy that will guarantee a high PLF in the future, when the industry might be rockier? Discover via the link in the comments. #airlineindustry #loadfactor #airlinemarketing #customerdata

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Fraport Traffic Figures May 2024: Fraport recorded passenger growth across the Group. While #frankfurtairport saw traffic increase by 6.9 percent year-on-year to about 5.5 million passengers, total traffic at the Group airports grew by 6.3 percent to approx. 15.8 million travelers. More facts and figures can be found in the current press release: https://lnkd.in/eMrf2uqm #fraport #ConnectingTheWorldWithTomorrow #airports #aviation

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Latvian airline airBaltic and German Lufthansa have announced the expansion of their codeshare agreement. Thus, AirBaltic is adding its code (BT) to six Lufthansa routes from Munich: to Bremen, Cologne/Bonn, Dusseldorf, Hamburg, Hannover and Stuttgart. Lufthansa, in turn, continues to use its code (LH) on AirBaltic flights to Munich from Riga, Tallinn and Vilnius.

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Fraport Traffic Figures – November 2024: With around 10.4 million passengers Fraport’s global network of airports recorded a passenger growth of about 4.2 percent year-on-year. This increase was particularly driven by those Fraport Group airports serving as major aviation gateways. More information at: https://lnkd.in/ehVYua9s #fraport #frankfurtairport #ConnectingTheWorldWithTomorrow

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