Boeing, Lufthansa Announce Order for 747-8 Intercontinental

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December 6, 2006

Boeing, Lufthansa Announce Order for 747-8 Intercontinental

First airline order for 747-8 passenger version.

New technologies to bring efficiency, environmental benefits to Lufthansa fleet.

SEATTLE, Dec. 06, 2006 -- The Boeing Company [NYSE: BA] and Deutsche Lufthansa AG today announced the carrier ordered 20 747-8 Intercontinental jetliners plus 20 purchase rights. Lufthansa is the first airline to place an order for the passenger version of the fuel-efficient airplane.

The Lufthansa order, with a total average list-price value of $5.5 billion, is scheduled for delivery beginning in 2010. This order is a primary component of the airline's plan to modernize its fleet and increase environmental stewardship.

"Lufthansa operates one of the youngest and most environmentally friendly fleets in the world," said Scott Carson, president and chief executive officer, Boeing Commercial Airplanes. "The 747-8 will use state-of-the-art technology innovations from the 787 Dreamliner to significantly increase the capabilities of Lufthansa's fleet. This airplane improves upon the economics of the 747-400, while greatly enhancing fuel efficiency, reducing emissions and noise. We are thrilled that this world-class airline has chosen this world-class airplane."

Edited & Posted by the Editor | 9:10 PM | Link to this Post