Latest Lufthansa deal takes fleet investment to €30bn

18th Sep 2014
Latest Lufthansa deal takes fleet investment to €30bn

The Lufthansa Group is systematically pursuing the modernisation of its aircraft fleet, with the airline gaining approval for the purchase of 15 state-of-the-art aircraft from the Airbus from the supervisory board.

As part of the deal, Lufthansa will also purchase ten Airbus A320ceo aircraft.

The new A320neo orders will be delivered to Lufthansa Group airline Swiss International Air Lines from 2019 onwards, where they are intended to replace older aircraft from the same family.

The ten new A320ceo aircraft will be delivered to Eurowings in 2016 and 2017 and will replace older Bombardier CRJ900s.

The Lufthansa Group’s latest investment in new technology, efficiency and passenger comfort represents a volume of around €2.5 billion at list prices.

This order for modern, fuel-efficient and quiet aircraft takes the Lufthansa Group a major step closer towards maintaining and expanding its market position by reducing its unit costs.

The A320neo, in particular, stands out for its improved aerodynamics and new engines.

As a result, the aircraft use around 15 per cent less fuel than comparable models today.

Furthermore, the cumulative noise emissions will be around 10–15 dB below current limits and also represent further progress in terms of reducing noise and other emissions compared with today’s fleet.

The Lufthansa Group fleet is currently undergoing a fundamental renewal.

Following the aircraft order placed last year, the Group currently has a total of 265 brand-new aircraft on order with a list value of €30 billion.

These are to be delivered by 2025.


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