Lufthansa Orders A350s & 787s
Why It Matters
The order secures Lufthansa’s transition to a lower‑cost, sustainable fleet, safeguarding profitability and regulatory compliance while strengthening its market position for the next decade.
Key Takeaways
- •Lufthansa orders 20 twin‑engine widebodies, split evenly between Airbus and Boeing.
- •Deal valued at $7.7 billion list price, with undisclosed discounts.
- •New A350‑1000s and 787‑9s to replace retiring quad‑engine fleet.
- •Deliveries slated 2032‑34, supporting Lufthansa, Swiss, Austrian, and others.
- •Fleet modernization aims to cut costs, boost sustainability, and simplify operations.
Summary
Lufthansa Group unveiled a landmark order for 20 long‑haul aircraft – ten Airbus A350s and ten Boeing 787‑9s – marking the latest step in its fleet renewal program. The deal, listed at $7.7 billion, will be heavily discounted, though exact terms remain private. By favoring twin‑engine widebodies, Lufthansa accelerates the phase‑out of its aging quad‑engine A340 and 747 fleets, aligning with a broader industry shift toward more efficient jets. The new aircraft will arrive between 2032 and 2034, serving not only the German flag carrier but also its subsidiaries Swiss International Air Lines, Austrian Airlines and other group members. The CEO emphasized that these models are central to meeting the group’s sustainability targets, offering lower fuel burn, reduced emissions, and modern cabin technology. Lufthansa already has 232 aircraft on order, with 107 of those classified as next‑generation long‑haul types, underscoring a long‑term commitment to fleet modernization. Key statements highlighted the strategic importance of the A350‑1000’s high capacity and the 787‑9’s operational commonality, which together simplify crew training, spare‑parts inventories, and route flexibility. The group expects the new jets to lower operating costs, improve network efficiency, and restore confidence after a period of strategic missteps. Overall, the order signals Lufthansa’s intent to secure a greener, more cost‑effective fleet while positioning itself for growth in the 2030s. The move should enhance profitability, meet regulatory pressure on emissions, and keep the airline competitive against rivals embracing similar modernization paths.
Comments
Want to join the conversation?
Loading comments...