Lufthansa May Replace 747-400s With Twin-Engine Aircraft
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Deutsche Lufthansa AG Chief Executive Officer Christoph Franz said Europe’s second-largest airline may replace its residual fleet of Boeing Co. 747-400 jumbos with twin-engine jets as it looks to cut fuel costs.
The replacement of about 13 747-400s would take place next decade when it would make sense to buy twin-engine jets that are more fuel efficient, Franz said. Lufthansa is a user of the four-engined Airbus SAS A380 superjumbo and Boeing 747-8.