European airlines' Q3 struggle with plane delays, high costs

Europe's major airlines including Lufthansa and Air France-KLM are expected to report another quarter dragged down by rising costs and limited planes, with no sign of delivery delays from planemakers Boeing and Airbus improving any time soon. While demand has remained stable, costs for maintenance, adverse weather, air traffic control issues and disruption in the Middle East have continued to weigh on carriers. Lufthansa Chief Executive Carsten Spohr warned the airline is now expecting a five-year delay on its Boeing 777X deliveries.