Lufthansa Group orders 777-9X and A350-900
The Supervisory Board of Deutsche Lufthansa AG has approved the purchase of 59 ultra-modern aircraft for the Group at its meeting yesterday. 34 Boeing 777-9Xs and 25 Airbus A350-900s will be added to the Lufthansa Group's wide-body fleet.
The first of these new aircraft will be delivered as early as 2016. Older Boeing 747-400s and Airbus A340-300s will be phased out by 2025. The new aeroplanes will primarily serve to replace existing aircraft at Lufthansa.
The investment amount for the Lufthansa Group's latest order totals EUR 14bn at list prices and is the largest single private-sector investment in the history of German industry, the company claims.
The new aircraft will be powered by modern, powerful, low-noise engines – the Airbus A350 by the Rolls-Royce 'Trent XWB 84' engine and the Boeing 777-9X by General Electric's 'GE-9X' model. The noise footprint of the new models will be at least 30 per cent lower than today's aircraft.
The 59 new aircraft will consume an average of just 2.9 litres of kerosene per passenger and 100 kilometres flown. That is around 25 per cent less than aircraft available today and it will have a positive impact on the Group’s carbon footprint. Unit costs will sink by approximately 20 per cent compared with predecessor models, according to Lufthansa.
"Both aircraft types have a much wider cabin again than the Airbus A340, which will give us new opportunities to improve comfort for our customers when designing the cabin interior", explained Carsten Spohr, Member of the Executive Board of the Lufthansa Group. The positive feedback from customers about the Airbus A380 and Boeing 747-8 shows that investing in new types of aircraft pays off, he added.
This investment in new technology, efficiency and customer comfort is a continuation of the ongoing fleet modernisation that is taking place at the Group's airlines. The aim is to reduce the number of different models and fleet complexity in the Passenger Airline Group segment and also replace existing aircraft with state-of-the-art aeroplanes. In March, the Group approved the purchase of around 100 short and medium-haul aircraft. This order included six new Boeing 777-300ERs for Swiss, which are also intended to replace older Airbus A340-300s at the airline.
Lufthansa operates a wide-body fleet of around 107 aircraft, among them ten ultra-modern Airbus A380s and nine Boeing 747-8s as well as the Airbus A330-300 (18 aircraft). The fleet also includes Airbus A340s (48) and Boeing 747-400s (22). In addition to these, the Group subsidiary Swiss has 31 wide-body aeroplanes, while Austrian Airlines' wide-body fleet consists of 12 aircraft.
The Lufthansa Group is currently undergoing a fundamental reorganisation. This includes the development of innovative business models, such as the one used by the new Germanwings, and the restructuring of internal Group services in the areas of purchasing, finance and HR administration. "Through the SCORE programme, which we have been implementing since 2012, we are creating the strategic and financial conditions necessary for this type of investment", explained Christoph Franz. The aircraft are to be paid for from the Group’s cash reserves and through external funding arrangements.
Following the aircraft order already placed in March of this year, the Group currently has a total of 295 brand-new aircraft on order with a list value of EUR 36bn. These should be delivered by 2025.