Douglas Joins The Order Party
Farnborough, September 5 -- Wilhem Althen, Chairman of the Executive Board of Lufthansa Cargo AG prepares for the press conference announcing his company's order for 12 MD-11F freighters from McDonnell Douglas' Douglas Aircraft Company.
The order has a potential total value in excess of $1.3 billion.
Lufthansa Cargo will take delivery of five freighters, with options for seven additional. The firm orders are worth over $550 million.
Delivery is scheduled to being in June 1998, with the remaining four by the end of the year. Option aircraft would begin delivery in the year 2000 with final delivery the following year.
The decision had been expected to take place at the show and came after a lengthy review process by Lufthansa. The airline had considered other options, including converting some of the aircraft in the current inventory to freighter configuration.
Lufthansa Cargo already flies 15 aircraft, including 11 747s and four DC-8s. The company will retire one 747-200F and sell their DC-8 fleet. Lufthansa will gain only a moderate increase in overall capacity with these moves.
The Douglas MD-11 orderbook now tallies 180 aircraft, with 154 of the trijets already delivered as of July of this year.
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