Lufthansa has placed a €14 billion aircraft order, claiming it is “the largest single private-sector investment in the history of German industry”.
The airline’s parent has ordered 34 Boeing 777-9X aircraft and 25 Airbus A350-900s, the first of which will be delivered as early as 2016.
Older Boeing 747-400s and Airbus A340-300s will be phased out by 2025.
“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, who is leaving next year to join Swiss drug firm Roche.
“Less fuel consumption, less noise – the aircraft on order will enable us to make a quantum leap in efficiency.”
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 €36 billion. These should be delivered by 2025.
