Is Lufthansa Putting Boeing and Airbus on Equal Footing?
Deutsche Lufthansa AG (DLAKF.PK) has decided to split an order for 50 wide-body aircrafts between Airbus SAS and Boeing Co. (NYSE:BA) according to individuals close to the matter, Bloomberg reports. A person with knowledge of the deal also told the publication that the purchase has a potential list price of at least $14 billion.
The news is a surprise to both airplane makers as Lufthansa had previously indicated that the purchase would be a winner-take-all deal. In the past, Lufthansa has leaned most heavily on jets from Airbus and has never purchased Boeing 777s for its passenger operations. Two people who asked not to be identified because the details won’t be public until next week at the earliest told Bloomberg that the twin-engine jets involved in the deal will be Boeing’s new 777-9X and Airbus’ A350-900. One person also mentioned that the Boeing jets make up the majority of the deal.
Despite the inside information, Lufthansa is still keeping the deal under wraps. Thomas Jachnow, a Lufthansa spokesman, told Bloomberg by phone, “No fleet decision has yet been taken by the Lufthansa supervisory board.” Meanwhile, Airbus spokesman Stefan Schaffrath and Doug Alder of Boeing declined the opportunity to comment. The deal is set to be Lufthansa’s biggest order ever.