Lufthansa Group has finalized a $7.7 billion order for 20 long-haul widebody aircraft, split evenly between ten Airbus A350-900s and ten Boeing 787-9s.
The companys supervisory board approved the purchase on Monday, following negotiations with both manufacturers. Deliveries are set for 2032 through 2034, replacing older, less fuel-efficient planes in the fleet.
Airline executives had signaled the deal was imminent in recent weeks. Lufthansa Group CEO Carsten Spohr noted in March at the Airlines for Europe summit in Brussels that the carrier was in the final stages of talks for additional widebodies, with a decision expected soon after.
Assignment of the new jets to specific airlines or hubs within the group, such as Lufthansa or Austrian Airlines, remains undecided. The Boeing 787-9 currently operates only with those two carriers in the Lufthansa portfolio.
This order increases Lufthansa Groups backlog of next-generation aircraft to 232, including 107 long-haul models.