Supervisory Board approves purchase of 14 aircraft - investment in the future
At its meeting today the Lufthansa Supervisory Board approved the purchase of a total of 14 aircraft.
The decision underlines Lufthansa`s policy of continuous investment in one of the most modern fleets in Europe, which combines high fuel efficiency with low emissions. The Lufthansa Group is thus positioning itself for the annual growth rate of about five per cent forecast for the industry over the next few years.
Between 2002 and 2003 Lufthansa CityLine will add ten CRJ 700 Canadair Jets to its fleet. In September 1998 the airline placed firm orders for ten of the 70-seater aircraft for its European routes. The first of a total of 20 jets will be delivered next spring.
The Supervisory Board also approved the purchase of a used Airbus A300-600, which will be deployed from 2002 on European routes to supplement feeder flights to Frankfurt and Munich. The A300-600 fleet will then comprise 15 aircraft. In addition, Lufthansa Cargo AG will purchase a further three Boeing MD-11s. In all, the Lufthansa Group is investing a nine-figure sum in fleet renewal.