Lufthansa Group Orders 48 Jets

Lufthansa is buying about $4.6 Billion worth of planes from Airbus and Embraer. No Boeing jets are in the mix.

Lufthansa Group’s supervisory board has approved orders for 40 Airbus aircraft and eight Embraer 195s, with the Airbus aircraft destined for Lufthansa, group subsidiary airlines Swiss International Air Lines and Germanwings and the Embraer 195s to go to Lufthansa Regional.

Deliveries of the aircraft will begin in 2012, according to Lufthansa, which values the overall order at some €3.5 billion ($4.675 billion) at list prices. Airbus estimates the value of the Airbus part of the deal – which includes 32 A320-family aircraft and eight A330-300 widebodies – at $4.3 billion, suggesting that Lufthansa’s order for eight Embraer 195s is valued at around $375 million.

The Airbus order comprise 20 A320-family aircraft and three A330-300s for Lufthansa; four A320-family aircraft and five A330-300s for Swiss; and eight A319s for Germanwings. With this order, the Lufthansa Group, Airbus’s biggest airline customer, will have acquired a combined total of 410 Airbus aircraft.

See more at www.airlinesanddestinations.com

 

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