Lufthansa furthers fleet modernization with order for 48 new aircraft


Lufthansa has ordered 48 new aircraft of which 8 Airbus A330-300 will be deployed on long-haul routes and the remaining 40 will be deployed in continental traffic.

The planned order, approved today by the Supervisory Board of Deutsche Lufthansa AG, includes 3 Airbus A330-300 and 20 Airbus of the A320-family for Lufthansa Passenger Airlines, as well as 8 new Embraer 195 aircraft for Lufthansa Regional. In addition, the order includes 5 Airbus A330-300, 2 Airbus A321, and 2 Airbus A320 for SWISS, as well as 8 new Airbus A319 for Germanwings. The new, highly modern and fuel efficient aircraft will be delivered to the group successively from 2012. The order has a list value of approximately 3.5 billion euros.

“Investments in new aircraft strengthen the competitiveness of the airlines in the group, and a modern fleet increases fuel efficiency and reduces operating costs, noise pollution, and CO2 emissions. That equally benefits our customers, shareholders, and staff, as well as the environment. 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.