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Post Info TOPIC: UPDATED : Lufthansa Order 20 747-800I :D :D Launch Customer for 748P!! WHOOPIE!!


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UPDATED : Lufthansa Order 20 747-800I :D :D Launch Customer for 748P!! WHOOPIE!!
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Lufthansa Plans to Purchase Boeing 747 Jetliners, People Say

By Susanna Ray and James Gunsalus

Dec. 5 (Bloomberg) -- Deutsche Lufthansa AG, Europe's second-biggest airline, plans to buy about 20 Boeing Co. 747-8 planes worth $5 billion at list prices, a setback to Airbus SAS, people familiar with the order said.

Lufthansa would be the first airline customer to purchase the passenger version of Boeing's newest 747. The carrier may announce the order tomorrow, said the people, who asked not to be identified because the discussions haven't been made public.

The decision lets Lufthansa upgrade and expand its long- haul fleet and brings Chicago-based Boeing's backlog for the 747-8 to 69 airliners with a list price of up to $19.5 billion. Boeing has been gaining on bigger rival Airbus this year. Lufthansa was among the earliest customers for Airbus's competing A380, now two years behind schedule.

``Lufthansa is one of the leading international carriers and this kind of order illustrates Boeing's growing lead in the wide-body aircraft market,'' said Craig Fraser, a Fitch Ratings analyst in New York. ``They are pulling away from Airbus and taking advantage of Airbus's problems with the A380.''

Boeing spokesman Tim Bader declined to comment. ``No decision has been made yet,'' said Stefanie Stotz, a spokeswoman in Frankfurt for Cologne, Germany-based Lufthansa.

Boeing shares rose $1.15 to $90.73 at 4 p.m. in New York Stock Exchange composite trading and have gained 29 percent this year. Lufthansa rose 22 euro cents to 20.17 euros in Frankfurt, the highest since 2001, and has surged 61 percent this year. Airbus parent European Aeronautic, Defence & Space Co. fell 26 euro cents to 22.89 euros in Paris.

Dreamliner Design

The carrier's supervisory board will meet tomorrow and approve an order for a minimum of 20 jetliners, one of the people said.

A second person said Lufthansa will announce an order tomorrow and that the size would be similar to what the Wall Street Journal reported earlier today. The newspaper said the carrier will buy 20 747s and take options for 20 more.

The 747-8 will be built using the more-efficient engines and wing design from Boeing's new 787 Dreamliner, and the plane will cost 21 percent less to operate than Airbus's A380, according to Boeing's Web site.

The 747-8 lists for up to $282.5 million each for passenger versions. The Airbus model lists for about $300 million.

Since Boeing introduced the 747-8 in November 2005, it has won a total of 49 firm orders. Boeing Business Jet has ordered three of the passenger version and Lufthansa would be the first outside airline client.

Expansion Plans

Lufthansa is still considering further purchases and is weighing Boeing's 787 model and Toulouse, France-based Airbus's A350 as the company aims to grow 4 percent to 6 percent a year.

The carrier ordered five 335-seat Airbus A330-300 aircraft in September for its long-haul fleet and 30 short-haul Airbus planes, worth $3.12 billion at list prices.

Chief Executive Officer Wolfgang Mayrhuber said in October he wanted to wait until he saw the final form of the A350 before deciding between that and the 787 for other orders to come in 2007.

Airbus is redesigning the A350 after complaints from potential customers. The planemaker won approval for the new project Dec. 1 from EADS, and the A350 XWB is now scheduled to enter service in 2013, five years after the 787. The program was in jeopardy because of cost overruns with the new 555-seat A380.

Lufthansa will have the world's second-largest A380 fleet, behind Emirates, once it receives all 15 on order, the first of which is now due to arrive in 2009.

Lufthansa will also probably decide in the next six months on an order for a ``double-digit'' number of regional aircraft, the company's fleet manager, Nico Buchholz, said Nov. 12.

The carrier has said it's in talks with Bombardier Inc. and Empresa Brasileira de Aeronautica SA, or Embraer. Bombardier executives said in October that the German airline is considering buying 12 CRJ900 aircraft, which can carry 75 to 90 passengers and have a list price of $35.2 million each.

Lufthansa currently operates 236 passenger aircraft, 61 percent of which are Airbus models. The rest are single-aisle 737 and twin-aisle 747 airliners made by Boeing.

To contact the reporter on this story: Susanna Ray in Frankfurt


Bloomberg Article

Washington Business Journal

makes my heart glad... something that a lot of us employees have been wiating for :) cant comment more though..

keep in mind it is still speculation and im not saying anything

-- Edited by D-ABTH at 08:06, 2006-12-07

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RE: Lufthansa possibly set to order the 748I .. *possibly* ;)
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so does it mean another cancellation for A380 project?

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Seems like the announcement is due in a day or two.

From IAG website/blog
Lufthansa buys the 747i
The deal is apparently to be announced tomorrow - 20 747-8 Intercontinentals plus another 20 options - total value $5bn.

This order is huge for Boeing and has been a poorly kept secret for weeks.

It is another body blow to Airbus, because Lufthansa is a big Airbus customer. In September the airline ordered up to 60 Airbus (mostly single aisle) jets. This latest order highlights that Airbus can sell every single aisle plane it can make but struggles to get the twin aisle types to sell as well.

This order also has downstream impacts - other airlines that do not have the technical expertise to be a launch customer have been waiting for a tier one airline to order the 747i (as we like to call it). No airline has better technical services than Lufthansa. This is an airline that easily can handle the risk of being a launch customer for any plane. Which are the other waiting airlines? We hear they include British Airways and Cathay Pacific for a start. Other airlines, particularly those which are big 747 operators, such as Qantas, are no doubt now going to give the 747i another look. Another downstream impact is that since the 747i uses the new GENx engine, Lufthansa may also be more disposed to the 787 which uses the same engine.


Interesting news - and I would love to fly a next-gen 747 with LH - hopefully they'll finally get around to installing IFE in Y!

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Update!


www.uniindia.com
Lufthansa plans big order for newest 747, sources say


Lufthansa plans to buy about 20 Boeing 747-8 planes worth $5 billion at list prices, a setback to Airbus, people familiar with the order said.


Lufthansa would be the first airline customer to purchase the passenger version of Boeing's newest 747. The carrier may announce the order tomorrow, said the people, who asked not to be identified because the discussions haven't been made public.


The decision lets Lufthansa upgrade and expand its long- haul fleet and brings Boeing's backlog for the 747-8 to 69 airliners with a list price of up to $19.5 billion. Boeing has been gaining on bigger rival Airbus this year. Lufthansa was among the earliest customers for Airbus's competing A380, now two years behind schedule.


"Lufthansa is one of the leading international carriers and this kind of order illustrates Boeing's growing lead in the wide-body aircraft market," said Craig Fraser, a Fitch Ratings analyst in New York. "They are pulling away from Airbus and taking advantage of Airbus's problems with the A380."


Boeing spokesman Tim Bader declined to comment. "No decision has been made yet," said Stefanie Stotz, a spokeswoman in Frankfurt for Cologne, Germany-based Lufthansa.


The carrier's supervisory board will meet tomorrow and approve an order for a minimum of 20 jetliners, one of the people said.


A second person said Lufthansa will announce an order tomorrow and that the size would be similar to what the Wall Street Journal reported earlier today. The newspaper said the carrier will buy 20 747s and take options for 20 more.


The 747-8 will be built using the more-efficient engines and wing design from Boeing's new 787 Dreamliner, and the plane will cost 21 percent less to operate than Airbus's A380, according to Boeing's Web site.


The 747-8 lists for up to $282.5 million each for passenger versions. The Airbus model lists for about $300 million.


Since Boeing introduced the 747-8 in November 2005, it has won a total of 49 firm orders. Boeing Business Jet has ordered three of the passenger version and Lufthansa would be the first outside airline client.


Expansion Plans


Lufthansa is still considering further purchases and is weighing Boeing's 787 model and Toulouse, France-based Airbus's A350 as the company aims to grow 4 percent to 6 percent a year.


The carrier ordered five 335-seat Airbus A330-300 aircraft in September for its long-haul fleet and 30 short-haul Airbus planes, worth $3.12 billion at list prices.


Chief Executive Officer Wolfgang Mayrhuber said in October he wanted to wait until he saw the final form of the A350 before deciding between that and the 787 for other orders to come in 2007.


Airbus is redesigning the A350 after complaints from potential customers. The planemaker won approval for the new project Dec. 1 from EADS, and the A350 XWB is now scheduled to enter service in 2013, five years after the 787. The program was in jeopardy because of cost overruns with the new 555-seat A380.


Lufthansa will have the world's second-largest A380 fleet, behind Emirates, once it receives all 15 on order, the first of which is now due to arrive in 2009.


Lufthansa will also probably decide in the next six months on an order for a "double-digit" number of regional aircraft, the company's fleet manager, Nico Buchholz, said Nov. 12.


The carrier has said it's in talks with Bombardier Inc. and Empresa Brasileira de Aeronautica SA, or Embraer. Bombardier executives said in October that the German airline is considering buying 12 CRJ900 aircraft, which can carry 75 to 90 passengers and have a list price of $35.2 million each.


Lufthansa currently operates 236 passenger aircraft, 61 percent of which are Airbus models. The rest are single-aisle 737 and twin-aisle 747 airliners made by Boeing.


 



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its confirmed........ and im sporting a smile from ear to ear..

finally we have announced what was long long due...

SEATLLE TIMES REPORT

Lufthansa gets 'very good deal' on 747-8s

By Dominic Gates

Seattle Times aerospace reporter

PREV of NEXT

Enlarge this photo

BOEING

Computer-generated drawing of the passenger version of a 747-8.

Lufthansa confirmed today a firm order for 20 of the latest 747 passenger aircraft, the 747-8, along with options to purchase 20 more later.

The order provides Boeing marquee, blue-ribbon customer support for its iconic, but aging, jumbo jet which now has a new lease on life as a revamped, re-engined, quieter and more fuel-efficient large passenger aircraft.

The firm order is worth about $5.5 billion at list prices, although with standard discounts the actual price is closer to $3.2 billion, according to estimates by aircraft valuation firm Avitas.

As the first announced customer for the passenger version of the new jumbo-jet derivative, the German flag carrier may have got an even bigger discount.

"Lufthansa got a very good deal," said Boeing sales chief Larry Dickenson at a press conference in downtown Seattle this morning.

Nico Buchholz, Lufthansa's senior vice president in charge of fleet management, said the airline has worked with Boeing on revamping the 747 over the past five years.

In the end, the airline was sold on the environmental and economic benefits of the aircraft, which will have the same engines as the 787. The enviromental impact of aircraft in terms of both noise and atmospheric emissions is a growing concern, particularly in Europe.

"Economically and ecologically, (the 747-8) has much less fuel burn," said Buchholz. "The engines were a breakthrough."

The new model also has an aerodynamically much more efficient wing than current 747s.

And the airplane will also feature a new 787-like passenger cabin interior design, including mood-lighting technology, new lavatories and a spacious new entryway for boarding.
advertising

A Boeing press release describes a "new curved, upswept architecture" in the passenger cabin that provides passengers "great space and comfort, with more room for personal belongings."

Lufthansa will configure the jet to seat just over 400 passengers. The first airplane is scheduled to enter service in 2010.

Buchholz said the 747 order won't have any impact on the airline's order for 15 Airbus A380 superjumbos. Lufthansa still plans to take delivery of those 555-seater jets despite a two-year production delay, he said, with the first expected to enter service in mid-2009.

"We would not change our fleet structure because of an industrial delay," Buchholz said.

Lufthansa also announced an order today for seven Airbus A340-600s.

Few airlines are currently ordering A340s. For the past two years, Boeing's more efficient twin-engine 777-300ER has been vastly favored over the four-engine A340.

However, Lufthansa is the only major carrier in the world that doesn't have any 777s. It has been betting on the A340 and already has a dozen of the large 300-seater A340-600s.

Buchholz demurred when asked if betting on the A340 in the past had been a mistake, leaving it stuck with that decision to ensure a common fleet. He said Lufthansa started its A340 fleet to cover a different market segment than the 747 and it still "makes a lot of sense."

"I don't think we're stuck with the A340-600s," Buchholz said.


http://seattletimes.nwsource.com/ABPub/2006/12/06/2003464730.jpg


like i hinted before... there was more to come after the initial A320 order... the long haul is now completed... the last part is for the mid capacity mid ranges... currently being evaluated are the A350 and the 787..

also the cargo order for replacements of the MD11s... sooner or later... and my moneys good on that too ;)

BOEING NEWS RELEASE ON LUFTHANSA's ORDER

http://www.boeing.com/news/releases/2006/photorelease/q4/061206a_lg.jpg


-- Edited by D-ABTH at 08:05, 2006-12-07

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for some reason i dont understand why images linked within the [img] tabs dont show up!

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RE: UPDATED : Lufthansa Order 20 747-800I :D :D Launch Customer for 748P!! WHOOPIE!!
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Boeing 747-8 Intercontinental in Deutsche Lufthansa livery image (Neg#: K63866)
Photo Credit: Boeing Image
Neg #: K63866

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Hi DABTH - congratulations on this order, the 748 in LH colors looks really grand!

I guess you guys knew this was coming for the last few months - must be great to have this out in the open.

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oh yes.... we pretty much had an idea ;) and its really nice its out... cant wait for 748 Ops! expected EIS as per the release would be 2010!


and can someone explain how to get this image linking working for the forums? thanx

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D-ABTH wrote:


and can someone explain how to get this image linking working for the forums? thanx



Hi D-ABTH... congrats on your company in becoming the launch customer for the Intercontinental...


To put a picture simply right click the image... then select copy, and come to the page you want it to be and select paste... easiest wasy to put an image...


rgds
the_380



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The B748 would be a Good Aircraft if it comes out the way Boeing says it will.


Congrats.


regds
MEL



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