Wednesday, 13 March 2019

Lufthansa Group makes large order for long-haul aircraft....................and announces sale of six A380 aircraft.

Photo Lufthansa 
The giant European airline group has placed an order for 40 state-of-the-art long-haul aircraft, split between 20 Airbus A350-900 and 20 Boeing 787-9 and also confirms that it will sell off 6 superjumbo Airbus A380's.

The Lufthansa Group is forging ahead with modernisation plans for its long-haul aircraft with the large order for 40 aircraft which have a list price value of some $12 billion.  As is usual with such orders, the Lufthansa Group has negotiated a significant price reduction and the parties have agreed not to disclose the actual purchase price.

The new jets will be delivered between late 2022 and 2027 and represents a huge leap forward in the groups desire to switch long-haul operations away from four-engined aircraft to more fuel-efficient twin-jet aircraft.  “By replacing four-engine planes with new models, we are laying a sustainable foundation for our future in the long run. In addition to the cost-effectiveness of the A350 and B787, the significantly lower CO2 emissions of this new generation of long-haul aircraft was also a decisive factor in our investment decision. Our responsibility for the environment is becoming more and more important as a criterion for our decisions,” says Carsten Spohr, CEO and Chairman of Lufthansa Group.

With the Airbus A350-900, the Boeing 777-9 and the Boeing 787-9, the Lufthansa Group will own the most fuel-efficient long-haul aircraft of their class and this latest order highlights the company’s desire to invest in cutting-edge technology in the interest of the environment.

The Lufthansa Group has also confirmed today,  it will sell off six of its fourteen Airbus A380 aircraft back to the European manufacturer. These aircraft are scheduled to leave the Lufthansa fleet in 2022 and 2023. The airline is citing economic reasons for the reduction of the number of double-deckers it wants to keep in its fleet. The management thinks the retirement of the six A380's will benefit Lufthansa passengers.