Deutsche Lufthansa, the German quoted airline, has put its plans for a bond sale on hold in the wake of last week's US terrorist attacks amid fears of tumbling profits.

Lufthansa had been planning this month to raise €500m ($464m) from a new euro-denominated debt issue to be lead-managed by WestLB. The deal would have been the company's first straight bond sale for 15 years. In 1986 Deutsche Bank sold DM250m (€128m) of 20-year Lufthansa paper.