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Lufthansa Group Orders 40 Boeing 787-9 And Airbus A350-900 Long-haul Aircraft

Lufthansa Group said that the supervisory Board approved the purchase of a total of 40 state-of-the-art aircraft for the group's airlines. The 20 Boeing 787-9 and 20 additional Airbus A350-900 planes will primarily be replacing four-engine aircraft. The new planes will be delivered between late 2022 and 2027. The order has a list-price investment volume of US$12 billion.

Beginning in 2020, Lufthansa will be introducing the new Boeing 777-9.

With the Airbus A350-900, the Boeing 777-9 and the Boeing 787-9, Lufthansa Group will own the most fuel-efficient long-haul aircraft of their class in terms of kerosene consumption per passenger and 100 kilometers flown.

The Boeing 787-9 and Airbus A350-900 aircraft that have been ordered will primarily be replacing four-engine aircraft. By the middle of the next decade, the entire long-haul fleet will have been modernized. The possible fuel savings alone add up to 500,000 metric tons per year.

In today's session, the Lufthansa Group Executive Board also informed the Supervisory Board of the sale of six of its 14 Airbus A380 planes to Airbus. The aircraft will be leaving Lufthansa in 2022 and 2023. The parties have agreed not disclose the purchasing price. The transaction will not affect the group's earnings performance, Lufthansa said.

Lufthansa continuously monitors the profitability of its world-wide route network. As a consequence, the group is reducing the size of its Airbus A380 fleet from 14 aircraft to eight for economic reasons.

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