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Image: Lufthansa Group

Lufthansa Group orders 40 aircraft, sells A380s

The order is for twin-engine Boeing 787-9 Dreamliner and Airbus A350-900 long-haul planes, to replace four-engine aircraft.

Airlines in Lufthansa Group including Swiss and Austrian Airlines as well as Lufthansa itself, will soon be replacing their older planes with 20 Boeing 787-9 and 20 Airbus A350-900 long-haul aircraft.

The group’s supervisory board approved the purchase of the new aircraft, which will be delivered between late 2022 and 2027.

The order has a list-price investment volume of US$12 billion, but the group says it has negotiated a significant price reduction without being more specific.

“By replacing four-engine planes with new models, we are laying a sustainable foundation for our future in the long run. In addition to the cost-effectiveness of the A350 and B787, the significantly lower CO2 emissions of this new generation of long-haul aircraft was also a decisive factor in our investment decision,” said Lufthansa Group chairman and chief executive Carsten Spohr.

The decision as to which airlines will deploy the aircraft at which hub will be made at a later date, but a publicity image shows the planes with Lufthansa, Swiss and Austrian Airlines livery.

The group says that “investment in new technology, efficiency and passenger comfort is a continuation of the ongoing fleet modernisation” of its airlines.

The airlines currently operate a long-haul fleet of 199 aircraft including 12 Airbus A350-900 aircraft. Starting in 2020, Lufthansa will also be introducing the new Boeing 777-9.

A380 sale
Lufthansa Group has also revealed that it will sell six of its 14 Airbus A380 superjumbos back to Airbus due to their unprofitability. The planes will be leaving Lufthansa in 2022 and 2023.

The parties have chosen not to disclose the purchasing price for this move either, the transaction of which “will not affect the group’s earnings performance”, Lufthansa says.

As a consequence, the size of the group’s Airbus A380 fleet will decline from 14 aircraft to eight.

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