German airline Lufthansa is ordering 34 new jets from Boeing and 25 from European rival Airbus as it updates its long-haul fleet to make it more fuel efficient and lower costs.
Lufthansa said the orders were worth 14 billion euros ($19 billion) at list prices, though it is likely that the airline negotiated significant discounts.
The 777-9X jets made by Chicago-headquartered Boeing and the Airbus A350-900 models will begin being delivered in 2016. They will replace older aircraft such as Boeing 747-400s and Airbus A340-300s.
And Lufthansa said it was taking options to buy more planes if its business needs demanded it. Airbus, based in Toulouse, France, said Lufthansa had options to buy 30 more of the planes.
The company said the new planes will make its fleet more fuel-efficient and quieter as well as improve passenger comfort with wider cabins. CEO Christoph Franz said that the order "enabled a quantum leap in efficiency."
Read more: Lufthansa splits $19 billion order between Boeing, Airbus
Lufthansa said the orders were worth 14 billion euros ($19 billion) at list prices, though it is likely that the airline negotiated significant discounts.
The 777-9X jets made by Chicago-headquartered Boeing and the Airbus A350-900 models will begin being delivered in 2016. They will replace older aircraft such as Boeing 747-400s and Airbus A340-300s.
And Lufthansa said it was taking options to buy more planes if its business needs demanded it. Airbus, based in Toulouse, France, said Lufthansa had options to buy 30 more of the planes.
The company said the new planes will make its fleet more fuel-efficient and quieter as well as improve passenger comfort with wider cabins. CEO Christoph Franz said that the order "enabled a quantum leap in efficiency."
Read more: Lufthansa splits $19 billion order between Boeing, Airbus
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