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...largest it has ever made. Lufthansa's purchase of 25 of the planes (and options for an additional 25) is the biggest order the decade-old consortium has landed. Equally significant, the sale marks the end of Lufthansa's overwhehning dependence on Boeing. Said Lufthansa Chairman Herbert Culmann: "We have no interest in turning a giant into a colossus...

Author: /time Magazine | Title: Business: Flying High with Airbus | 4/16/1979 | See Source »

Lufthansa Chairman Herbert Culmann predicts that, in a competitive free-for-all, the airlines with the best chance of survival will be those with Government backing. "The American carriers are in danger," he warns. "Whether Air France gets 400 million francs from the French government today or 500 million francs tomorrow, you can be certain of one thing: Air France will still exist." So, he might add, will Lufthansa, British Airways, SAS, KLM, and all those other airlines that are the major flag carriers of their nations...

Author: /time Magazine | Title: Flying the Crowded Skies | 8/14/1978 | See Source »

...Culmann's dire prediction is even partly fulfilled, and some U.S. airlines are financially weakened, the American planemakers that supply them could be hurt. In turn, the nation's balance of payments would suffer. Of all commercial plane sales in non-Communist countries, Boeing rings up about 52%, McDonnell Douglas 28%, and Lockheed 3%. At about $7 billion a year, sales of aircraft, engines and parts abroad are the second largest U.S. export (after food...

Author: /time Magazine | Title: Flying the Crowded Skies | 8/14/1978 | See Source »

...that was not feasible, they told Yugoslav officials, the three prisoners were to be exchanged for the hostages. But if the skyjackers would not agree to the terms, the prisoners were to be returned to West Germany. In preparation for the deal, Lufthansa Board Chairman Herbert Culmann and the three prisoners boarded a Hawker Siddeley executive jet, which was to remain in West German airspace until the terrorists agreed to a direct swap...

Author: /time Magazine | Title: TERRORISM: Return of Black September | 11/13/1972 | See Source »

...point. "They really mean it. Get on with it, man." Later he implored: "Will you believe me that they've got it set in their heads that their three comrades come on board my plane without anybody being released?" Aloft over West Germany, Lufthansa's Culmann finally decided that the situation represented a "supra-legal emergency." Without consulting Bonn, he ordered the pilot of the Hawker Siddeley to fly to Zagreb and agreed to make the exchange on Arab terms. Moments after his plane touched down, the terrorists allowed Claussen to land the 727; less than a minute...

Author: /time Magazine | Title: TERRORISM: Return of Black September | 11/13/1972 | See Source »

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