Lufthansa to Buy 20 Boeing 787 Dreamliners

FRANKFURT /PRNewswire/ – Boeing [NYSE: BA] and Lufthansa Group today completed an order for 20 787-9 Dreamliner airplanes. With the deal, valued at up to $5.8 billion per list prices, the largest airline group in Europe becomes the latest customer for the fastest-selling widebody airplane of all time.

Lufthansa Group has been strategically expanding and modernizing its world-class fleet in recent years. By introducing the super-efficient and long-range 787 family, the airline group will be able to fly farther and reduce fuel costs and emissions by more than 20 percent compared to previous-generation jets.

The airline group comprises network airlines such as Lufthansa and SWISS that offer passengers premium service and extensive flight options, and “point-to-point” carriers such as Eurowings that offer competitive flights for price-sensitive customers.

“Lufthansa Group is one of the most respected and innovative companies in the airline industry. We are extremely honored that they have again chosen to build their future with Boeing’s widebody jet family and we greatly look forward to delivering the 787 Dreamliner and the new 777X to Lufthansa in the coming years,” said Kevin McAllister, president & CEO of Boeing Commercial Airplanes.

Built with lightweight composite materials and powered by advanced engines and a suite of new technologies, the 787 family has helped airlines save 33 billion pounds of fuel and open more than 210 new non-stop routes around the world.

Source Boeing / Edited By Airline Adviser 03/22/19