Posted on: 22 September 2010 by Ross McSweeny
The Supervisory Board of Deutsche Lufthansa has approved orders for 48 new aircraft across the group including eight Airbus A319s for Germanwings and eight Embraer 195s to be operated by Lufthansa Regional carriers.
The new aircraft will be delivered to the Group successively from 2012. The total 48 aircraft order has a list value of approximately €3.5 billion.
“Investments in new aircraft strengthen the competitiveness of the airlines in the Group, and a modern fleet increases fuel efficiency and reduces operating costs, noise pollution and CO2 emissions. That equally benefits our customers, shareholders and staff, as well as the environment. This order will allow our airlines to make targeted use of the growth opportunities that are resulting from the growing demand, and at the same time, it will allow us to preserve the necessary freedoms to always react to fluctuations in demand and changes in the market with the necessary flexibility," commented Lufthansa chairman and CEO Wolfgang Mayrhuber.