June 28 (Reuters) - Aircraft delivery issues are having

a "brutal" impact on Lufthansa and will not be

resolved before the end of the decade, according to CEO Carsten

Spohr.

Speaking at the business press club in Stuttgart late

Thursday, Spohr said the aircraft shortage could be costing

Lufthansa some 500 million euros ($535.00 million) a year,

although he did not provide an exact figure.

Lufthansa has ordered 250 new aircraft from Airbus

and Boeing ( BA ) to modernize its fleet, with deliveries

scheduled between 2024 and 2029.

However, "no plane arrives on time," said Spohr, adding that

around 100 of Lufthansa's 750 aircraft were grounded either for

maintenance reasons or because they had been decommissioned.

Earlier this week, Airbus lowered its forecast for

deliveries this year to around 770 jets from around 800. The

announcement came amid growing scepticism among suppliers over

its jet output as Airbus grapples with parts shortages.

Meanwhile, a series of incidents at Boeing ( BA ) have increased

regulatory scrutiny of the U.S. manufacturer, adding to delays

in deliveries that originated during the pandemic.

($1 = 0.9346 euros)