Lufthansa Cargo has been given the green light for the operation of two brand-new B777Fs ordered earlier this year in May, and which are scheduled for delivery in early 2019.
The Lufthansa Group’s decision-making bodies have approved Lufthansa Cargo’s operation of the new freighters, which are part of the carrier’s fleet modernisation plans.
While the new B777Fs are intended to replace the MD-11 freighters in the long term, the carrier said it will continue to operate some of the older freighters given the buoyant market conditions.
“Given how well the market is performing at the moment, Lufthansa Cargo will continue to operate some of the MD-11Fs earmarked for retirement for the time being, so as to provide customers with more valuable cargo capacity as needed,” Peter Gerber, CEO and chairman of the Executive Board of the cargo airline said.
Lufthansa Cargo currently operates a fleet of 12 MD-11Fs alongside five B777Fs and the current orders for two more.
“This allows us to fully participate in the market growth but respond flexibly to signs of change”, said Gerber. “Accordingly, we will decide on when to phase out individual MD-11Fs based on the market situation. Our strategic goal remains to operate a solely B777F fleet going forward.”
Gerber added that this major investment in the future of Lufthansa Cargo was made possible by last year’s results. “This is a fitting reward for the tremendous efforts of all Lufthansa Cargo employees and emphasises that we have taken the right course at an early stage,” he added.