22.09.2010
FLUG REVUE

Lufthansa Supervisory Board approves order for 48 aircraft

The Supervisory Board of Deutsche Lufthansa AG approved the order of 48 new aircraft for the Group at its meeting today.

Of these new aircraft, eight Airbus A330-300, equipped with Rolls-Royce Trent700 engines, will be deployed on long-haul routes and the remaining 40 aircraft will be deployed in continental traffic.
The planned order includes three Airbus A330-300 and twenty Airbus of the A320-family for Lufthansa Passenger Airlines, as well as eight new Embraer 195 aircraft for Lufthansa Regional. In addition, the order includes five Airbus A330-300, two Airbus A321 and two Airbus A320 for SWISS, as well as eight new Airbus A319 for Germanwings.

With this order, the Lufthansa Group, Airbus’s biggest airline customer, will have acquired a combined total of 410 Airbus aircraft. Today Lufthansa Group is Airbus’ biggest operator worldwide with around 325 Airbus aircraft currently in service. These include: 227 A320 Family; 30 A330s; 65 A340s; and three A380s. In addition to this latest decision for 40 aircraft, the Lufthansa Group has an order backlog of a further 51 Airbus aircraft to be delivered. These include 36 A320 Family, three A330s, and 12 A380s.

The new aircraft will be delivered to the Group successively from 2012. The order has a list value of approximately 3.5 billion euros.

“This order will allow our airlines to make targeted use of the growth opportunities that are resulting from the growing demand, and at the same time, it will allow us to preserve the necessary freedoms to always react to fluctuations in demand and changes in the market with the necessary flexibility,” commented Lufthansa Chairman and CEO Wolfgang Mayrhuber, speaking on the decision. The financing of the orders shall occur using the Group’s liquid assets or external financing.

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