UPDATE 3-Airbus wins Lufthansa deal, superjumbo fears loom

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UPDATE 3-Airbus wins Lufthansa deal, superjumbo fears loom
Wed Sep 20, 2006 1:32









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[-] Text [+] (Rewrites, adds Air France, details, shares close)=20
FRANKFURT/PARIS, Sept 20 (Reuters) - Airbus won a plane deal potentially wo=
rth over $4 billion from German airline Lufthansa (LHAG.DE: Quote, Profile,=
 Research) on Wednesday but faced rising media speculation that it will soo=
n be forced to announce another embarrassing delay to its new A380 superjum=
bo.=20
Lufthansa's supervisory board said it had approved plans to buy 30 single-a=
isle planes from Airbus's A320 family, would take options to buy a possible=
 30 more and would buy five of the larger A330 model.=20
A spokeswoman for Lufthansa declined to comment on whether the airline had =
received a special deal on the A330-300 planes in compensation for delays t=
o the 15 A380s it has on order.=20
Lufthansa said it would decide on buying additional mid-sized and larger pl=
anes by the year's end.=20
The deal marked a loss for Boeing Co. (BA.N: Quote, Profile, Research), whi=
ch had on offer its single-aisle 737, but the U.S. planemaker is still in t=
he running with its mid-sized 787 and the newest version of the jumbo, the =
747-8.=20
Airbus is also keen to sign up Lufthansa for a desperately needed order for=
 its fledgling A350 XWB model, and for additional orders of its A380 to pre=
vent Europe's second-largest airline from replacing its large fleet of agei=
ng Boeing 747 jumbos with newer ones.=20
Airbus's 12-billion-euro ($15 billion) A380 programme to produce a new clas=
s of mammoth plane is already overdue and triggered an EADS profit warning =
and management shake-up in June.=20
On Wednesday, a report in French newspaper Les Echos, which did not cite an=
y sources, said Airbus could announce a delay of at least six months for it=
s first deliveries to clients such as Air France (AIRF.PA: Quote, Profile, =
Research), and only four deliveries next year to Singapore Airlines (SIAL.S=
I: Quote, Profile, Research) and Emirates [EMAIR.UL].   Continued...=20
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