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Lufthansa Orders $19 Billion Worth of Airbus and Boeing Aircraft

Posted: Sep. 23rd, 2013  |  By DailyLuxe News

Europe's top commercial airliner, Luffthansa Airlines, placed an order for 59 new jets, according to a recent story from Reuters.

Thirty-four Boeing 777-9X and 25 Airbus A350-900 models sum to the 59 ordered aircraft. These planes fly cheaper, reducing fuel consumption by as much as 25%. The buy occurs only one day subsequent to Air France’s news that it was eliminating 2,800 of its employees. Air France is Luftansa's largest direct competitor. 

The order, which is based on an assumption that air traffic increases annually by 3 %, also has an option for another 30 aircraft should air traffic increase by 5 %.

The Boeing 777-9X will be used for the high-volume routes of Munich-Shanghai and Frankfurt-Bangkok, while the A350-900 jets are to be deployed in the mid-sized and niche markets such as Frankfurt-Vancouver and Frankfurt-Malabo stretches.

Read More on reuters.com
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