Board approves Lufthansa fleet expansion

The Lufthansa Supervisory Board has met and approved orders
for 41 new aircraft.30 of the new aircraft from the A320 family are
destined for service with Lufthansa in European traffic. Nine others of
the Airbus 330-300 long-range type and two continental Airbus A320s will
be joining the SWISS fleet. 

Wolfgang Mayrhuber, Lufthansa Chairman and CEO said: “Our strong brand,
our strong team and strong cashflow are making investments today into
perspectives for tomorrow. That is good for our shareholders, customers,
staff and system partners.” Successively from 2011, the Lufthansa fleet
will be expanded and renewed with 30 short and medium-haul aircraft.  Of
the total, 20 of the aircraft are Airbus A321s, four are Airbus A320s
and six Airbus A319 jets. Mayrhuber emphasised: “We are modernising our
continental fleet with the new aircraft and expanding our leading
position in our European home market.”

“For SWISS, this investment is the reward for the successful turnaround,
for courageous strategic measures, for an excellent performance by the
team and successful integration in the Lufthansa fold.  With the
aircraft orders, the SWISS airline is underscoring its capability to
compete”, Mayrhuber observed.  The new Airbus A330-300s will replace the
existing Airbus A330-200 aircraft in the SWISS fleet - deliveries are
scheduled to begin in early 2009; the two Airbus A320s destined for
SWISS will be joining the fleet from 2011. 

The aircraft on order are noted for their high fuel efficiency as well
as low-emission and noise levels. They will ensure that Lufthansa and
SWISS continue their environment and climate-friendly growth.  For the
renewal and planned capacity expansion of the existing Group fleet,
numbering around 500 aircraft, Lufthansa now has approximately 170 new
aircraft, valued at over 14 billion euros (list price), on order.