Lufthansa Group's supervisory board has approved orders for 40 Airbus aircraft and eight Embraer 195s, with the Airbus aircraft destined for Lufthansa, group subsidiary...

Lufthansa Group’s supervisory board has approved orders for 40 Airbus aircraft and eight Embraer 195s, with the Airbus aircraft destined for Lufthansa, group subsidiary airlines Swiss International Air Lines and Germanwings and the Embraer 195s to go to Lufthansa Regional.

Deliveries of the aircraft will begin in 2012, according to Lufthansa, which values the overall order at some €3.5 billion ($4.675 billion) at list prices. Airbus estimates the value of the Airbus part of the deal – which includes 32 A320-family aircraft and eight A330-300 widebodies – at $4.3 billion, suggesting that Lufthansa’s order for eight Embraer 195s is valued at around $375 million.

The Airbus order comprise 20 A320-family aircraft and three A330-300s for Lufthansa; four A320-family aircraft and five A330-300s for Swiss; and eight A319s for Germanwings. With this order, the Lufthansa Group, Airbus’s biggest airline customer, will have acquired a combined total of 410 Airbus aircraft.

“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,” comments Wolfgang Mayrhuber, Lufthansa’s chairman and CEO.

Lufthansa Airbus A319 D-AILR takes off. A Lufthansa Group order for 40 Airbus aircraft on September 22, 2010 took the group's total Airbus orders to 410 aircraft, reinforcing its position as Airbus' biggest airline customer

“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,” adds Mayrhuber. “The financing of the orders shall occur using the group’s liquid assets or external financing.”

“Our decision to acquire additional Airbus aircraft is testament not only to their advantageous operating costs, reliability and performance, but also to our long-standing partnership with Airbus,” says Nico Buchholz, Lufthansa’s executive vice president, group fleet management. “These Airbus aircraft will provide eco-efficiency, seamless comfort, passenger appeal and operational synergies across the Lufthansa Group.”

Today Lufthansa Group is Airbus’ biggest operator worldwide with around 325 Airbus aircraft currently in service. These include: 227 A320 Family; 30 A330s; 65 A340s; and three A380s. In addition to this latest decision for 40 aircraft, the Lufthansa Group has an order backlog of a further 51 Airbus aircraft to be delivered. These include 36 A320 Family, three A330s, and 12 A380s.

More than 6,600 A320-family aircraft have been sold and around 4,400 delivered to more than 300 customers and operators worldwide. Meanwhile, Embraer has won orders for nearly 900 aircraft of its E-Jet family (the family comprises the Embraer 170, 175, 190 and 195 along with the Lineage 1000 executive jet) and delivered more than 650.

The combined order total for the Airbus A330 family of widebody jets (which includes the A330-200, the A330-300 and the new A330-200F, as well as the Multi-Role Tanker Transport military version) exceeds 1,100.