Boeing and the Lufthansa Group completed an order for four more 777 airplanes, valued at $1.4 billion at list prices. The purchase is part of Lufthansa’s plans to modernise its fleet with newer widebody airplanes.
The order provides two more Boeing 777-300ER (Extended Range) airplanes for Swiss International Air Lines (SWISS), the national carrier of Switzerland and a member of the Lufthansa Group. SWISS currently operates 10 777-300ERs.
The order also provides two more 777 Freighters for Lufthansa Cargo.
“The order for the new long-haul aircraft highlights the strategy of Lufthansa Group to predominantly allocate the growth within its multi-hub system where cost and quality offer the best conditions for profitable investments,” said the Lufthansa Group in a company statement.