Top Stories
Germany’s Lufthansa orders four Airbus planes
Global Banking & Finance Review®
Company
(Reuters) – German flagship carrier Lufthansa signed a contract to purchase four additional Airbus A350-900 long-haul planes, the company said on Tuesday.
(Reuters) – German flagship carrier Lufthansa signed a contract to purchase four additional Airbus A350-900 long-haul planes, the company said on Tuesday.
The planes will be acquired from UK-based aircraft asset manager Deucalion Aviation and delivered to the group later this year.
Lufthansa did not disclose the value of the deal.
(Writing by Andrey Sychev; Editing by Madeline Chambers)
Aircraft financing refers to the methods and processes used to fund the purchase or lease of aircraft. This can involve loans, leasing arrangements, or investment from financial institutions or asset managers.
Airbus is a European multinational aerospace corporation that designs, manufactures, and sells civil and military aerospace products worldwide. It is known for its commercial aircraft, including the A350 series.
Lufthansa is Germany's largest airline and one of the leading airlines in Europe. It operates passenger and cargo services worldwide and is a member of the Star Alliance.
A long-haul flight is typically defined as a flight that lasts more than six hours. These flights often connect major cities across continents.
An asset manager is a firm or individual that invests and manages assets on behalf of clients, aiming to grow their investment portfolios through various financial strategies.
Explore more articles in the Top Stories category
