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Lufthansa to Launch Boeing 747-800i December 5, 2006

Posted by Andrew in Airbus, Boeing, Lufthansa.

According to unnamed sources, German flag-carrier Lufthansa Airlines agreed in principle to purchase twenty Boeing 747-800 passenger aircraft. Sources close to both parties say that a formal announcement may come as early as tommorrow. Purportedly the deal has a list value of $5 billion, and Lufthansa could take options for twenty more of the aircraft. Lufthansa, a launch customer for the Airbus A380, will likely use the 747-800i as a replacement for its large, aging 747 fleet. Due to delays in the Airbus A380 program, Lufthansa is anticipated to take delivery of its first 747-800 only a few months after Airbus delivers the first A380 to Lufthansa. This order, once formally confirmed by Lufthansa, will be the first for the passenger variant of the 747-800. Analysts expect other carriers to follow suit now that Lufthansa has tested the waters.

Source: Reuters and WSJ