Posted on: 28 September 2018 by Mark Howells
The Lufthansa Group has converted existing purchase options for 24 Airbus A320neo and three A321neo into firm orders, in a deal valued at approximately US$3 billion.
The agreement brings the total number of the group’s A320neo and A321neo orders to 149, with Lufthansa already operating 13. One portion of the aircraft order will be equipped with Pratt & Whitney PW1100G engines, the rest with CFM International Leap-1A engines, although no further breakdown was given.
The purchase was approved by the Supervisory Board of Deutsche Lufthansa AG, with the Lufthansa Group saying it is “reacting to the positive market and earnings development and thus ensuring the necessary fleet size in the coming years.”
The aircraft are scheduled for delivery in 2023 and 2024, with 10 of them to go to Swiss, with the remainder to go into service elsewhere in the group. Although not giving specifics on the engines, it added that the order means that both engine types “will continue to be available to the Lufthansa Group in roughly equal proportions for the Neo family.”