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Lufthansa Orders New PlanesSeptember 23, 2010 By: Jena Tesse Fox
The Supervisory Board of Deutsche Lufthansa AG approved the order of 48 new aircraft for the Group at its meeting yesterday. Of these new aircraft, eight Airbus A330-300, equipped with Rolls-Royce Trent700 engines, will be deployed on long-haul routes and the remaining 40 aircraft will be deployed in continental traffic. The planned order includes three Airbus A330-300 and 20 Airbus of the A320-family for Lufthansa Passenger Airlines, as well as eight new Embraer 195 aircraft for Lufthansa Regional. In addition, the order includes five Airbus A330-300, two Airbus A321 and two Airbus A320 for SWISS, as well as eight new Airbus A319 for Germanwings. The new fuel efficient aircraft will be delivered to the Group successively from 2012. The order has a list value of approximately $4.6 billion.
The financing of the orders shall occur using the Group’s liquid assets or external financing.