German flag carrier Lufthansa ordered 34 Boeing 777-9Xs and 25 Airbus A350-900s on September 19, 2013. The first of these new long-range aircraft will be delivered as early as 2016. Older Boeing 747-400s and Airbus A340-300s will be phased out by 2025. The new airplanes will primarily serve to replace existing aircraft at Lufthansa.
AIRheads↑Fly already announced this upcoming purchase last week. The investment amount for the Lufthansa Group’s latest order totals EUR 14bn at list prices and is the largest single private-sector investment in the history of German industry. “This investment will safeguard about 13,000 jobs at Lufthansa alone as well as thousands of jobs at our partners in aviation and other suppliers”, said Christoph Franz, Chairman of the Executive Board and CEO of the Lufthansa Group, explaining the macroeconomic significance of the investment at a press conference in Frankfurt.
Lufthansa operates a wide-body fleet of around 107 aircraft, among them ten ultra-modern Airbus A380s and nine Boeing 747-8s as well as the Airbus A330-300 (18 aircraft). The fleet also includes Airbus A340s (48) and Boeing 747-400s (22). In addition to these, the Group subsidiary Swiss has 31 wide-body aeroplanes, while Austrian Airlines’ wide-body fleet consists of 12 aircraft.
The aim is to reduce the number of different models and fleet complexity and also replace existing aircraft with state-of-the-art airplanes. In March, the Lufthansa Group approved the purchase of around 100 short and medium-haul aircraft. This order included six new Boeing 777-300ERs for Swiss, which are also intended to replace older Airbus A340-300s at the airline.
The Lufthansa Group is currently undergoing a fundamental reorganisation. This includes the development of new business models, such as the one used by the new Germanwings, and the restructuring of internal Group services in the areas of purchasing, finance and HR administration.
Following the aircraft order already placed in March of this year, the Group currently has a total of 295 brand-new aircraft on order with a list value of EUR 36bn. These should be delivered by 2025.