The Lufthansa Group is investing in the modernization of its fleet as the Supervisory Board of Deutsche Lufthansa AG recently approved the purchase of 27 short- and medium-haul aircraft.
More specifically, purchase options for 24 Airbus A320neo and three A321neo will be converted into firm orders. The total investment of this order amounts to a list price of about $3 billion.
"With this decision, the Lufthansa Group is reacting to the positive market and earnings development and thus ensuring the necessary fleet size in the coming years," the company said in an announcement.
This increases the total number of A320neo and A321neo orders to 149 for the Group. Thirteen of them are already operating with Lufthansa.
The A320neo and A321neo (short for "New Engine Option") are scheduled for delivery in 2023 and 2024.
Ten of the 27 new aircraft are intended for SWISS, while the remaining aircraft will be in service by other flight operations within the aviation group.
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