How 70 Gas-Guzzling Jets Are Killing Lufthansa

A Lufthansa Airbus A340 at the airport Duesseldorf, Germany in 2008 Photograph by Patrik Stollarz/Getty Images

Lufthansa announced a 59-jet order today intended to replace its long-haul fleet, splitting the hefty purchase between Boeing and Airbus. The German airline will buy 34 of Boeing’s new 777-9X and 25 Airbus A350-900, with the first scheduled to arrive in 2016. Neither jet is yet in production, and Boeing’s board hasn’t even approved the 777-9X program. The deal is valued at $19 billion at list prices, without counting discounts typically given for large orders.

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