Germany's Lufthansa Group will allocate 40 brand-new 737-8 aircraft to its subsidiary Eurowings, as part of a major fleet modernisation.
The Cologne-based carrier, which operates alongside Lufthansa, Swiss, Austrian Airlines, and Brussels Airlines within the airline group, will begin receiving the aircraft type in 2027, with deliveries expected to conclude by 2032.
This gradual integration of the new jets will result in Eurowings operating one of the youngest fleets in Europe.
“Economic success makes Eurowings attractive for investment,” said Jens Bischof, CEO Eurowings. “The largest investment in our company's history shows that we are making rapid progress towards low-emission flying – through significantly lower fuel consumption, lower emissions and significantly less noise."
This order for 40 aircraft is equivalent to an investment of around $5 billion, at list price. This is the largest and most expensive sustainability project in the more than 30-year history of Eurowings.