Lufthansa orders 80 planes from Boeing and Airbus for $9 billion By Reuters – Canada Boosts

Lufthansa orders 80 planes from Boeing and Airbus for $9 billion

© Reuters. FILE PHOTO: Emblem of Lufthansa is seen as passengers wait at Munich Airport in Munich, Germany July 27, 2022. REUTERS/Michaela/File Photograph

(Reuters) -Lufthansa ordered 80 planes from Boeing (NYSE:) and Airbus and agreed future buying choices for a complete worth of $9 billion, the German flagship service mentioned on Tuesday.

The deal gives for 40 Boeing 737-8 MAX and 40 Airbus A220-300s to be delivered in 2026-2032.

It additionally consists of 120 future buying choices for each Boeing and Airbus.

Lufthansa plans to finance the acquisition with web investments of two.5-3 billion euros ($2.7-3.2 billion) in 2023 and about the identical quantity subsequent 12 months.

The order wouldn’t have a big quantity on the capital expenditure in 2023-2024, it added.

($1 = 0.9148 euros)

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