Lufthansa backs Boeing, says manufacturer ‘will get back to its feet’

WASHINGTON (Financial Eye) – Lufthansa Chief Executive Carsten Spohr said on Thursday the German airline strongly backs U.S. airplane manufacturer Boeing (NYSE:) Co, which has faced criticism over program delays.

Earlier this month, Lufthansa said it would buy 10 cargo planes including seven of the 777X version, also known as 777-8F and boosted its order for Boeing 787s.

“Boeing as a symbol of America will get back to its feet,” Spohr said. He added to airline officials in attendance “it’s a good time to negotiate prices with Boeing right now.”