Lufthansa considers downgrading aircraft orders

According to Bloomberg, the CEO of the Lufthansa Group has said in a speech to students of the London School of Economics that the airline group is considering downgrading aircraft it has on order to smaller types. The CEO said that swapping orders would make sense as he doubts that business travel will ever return to pre-pandemic levels.

Currently, the Lufthansa Group has (remaining) widebody-orders for twenty B777-9s , twenty B787-9s and 26 A350-900s. What kind of downgrading and timelines the Group is considering hasn't been said in the speech. But, swapping B777-9s to additional B787-9s or A350-900s to A321neo(X)(LR)s could make sense.

Illustration by Lufthansa.