Lufthansa Cargo Orders Ten Boeing 777 Freighters
Lufthansa Cargo has ordered ten Boeing 777 Freighters, marking the largest investment in the company’s history. The order includes three current 777Fs and seven next generation Boeing 777-8Fs. Additionally, the company will extend two 777F leases through 2031.
On Monday (May 9, 2022), Lufthansa Cargo announced that they have ordered 10 Boeing 777 Freighters including three current technology 777Fs and seven next-generation Boeing 777-8F Freighters. Today’s order marks the largest investment in the company’s history and will substantially expand Lufthansa Cargo’s capacity as they set the course for future growth. Additionally, the carrier will extend leases on two current generation 777Fs from 2024 until 2031. The first of the 777Fs could be acquired on the secondary market as early as July 2022, while two additional brand new B777Fs will follow at a later date.
In Monday’s announcment, Lufthansa Cargo’s Chairperson of the Executive Board and CEO, Dorothea von Boxberg, said,
“We are very pleased that we have been able to set an important course for our future and the growth of Lufthansa Cargo with the decision to order ten additional widebody freighters. We can offer our customers significantly more capacity in the short and long term, and also ensure that we operate the most modern and efficient freighters in their class. The investments in the next freighter generation, the Boeing 777-8F, will significantly reduce CO2 emissions. We are thus taking another important step on our way to CO2-neutral airfreight. These major investments in Lufthansa Cargo are a sign of confidence in the future development of the airfreight market and in the role that Lufthansa Cargo will continue to play in it.”
Delivery of Lufthansa Cargo’s seven new Boeing 777-8Fs, a technically enhanced version of the current 777F, is expected between 2027 and 2030. Currently, Lufthansa Cargo’s fleet includes 15 Boeing 777Fs (four of which are operated by AeroLogic) and two Airbus A321 Freighters, complementing belly hold capacity available across the Group’s passenger aircraft. The new Boeing 777-8F has a range of 4410 nautical miles (8,176 km) and a maximum capacity of 18 metric tons. When compared to the current 777F, the next generation freighter will be able to accommodate 17 percent more cargo volume, while offering reduced fuel burn and emissions thanks to efficient GE9x engines.
With revenue of €3.8 billion and 7.2 billion freight ton kilometers in 2021, Lufthansa Cargo is one of the world’s leading air freight companies, employing approximately 4,200 team members worldwide. The cargo carrier serves around 300 destinations in over 100 countries with a dedicated fleet of freighters, as well as belly-hold cargo capacity of passenger aircraft operated by Lufthansa German Airlines, Austrian Airlines, Brussels Airlines, Eurowings Discover and SunExpress. In 2022, the airline will equip their fleet of dedicated freighters with Sharkskin technology to reduce drag, and expand their SAF program to further reduce CO2 emissions. The Company also operates an extensive road feeder service network. Lufthansa Cargo is a wholly-owned subsidiary of Deutsche Lufthansa AG and is the Group’s logistics specialist.
Source: Lufthansa Cargo/Mynewsdesk