Austrian Gets Greenlight For Fleet Renewal

The board of Austrian Airlines has approved a transaction which will see the carrier receive 17 E195 jets from fellow Lufthansa subsidiary, Lufthansa CityLine.

The board of Austrian Airlines has approved a transaction which will see the carrier receive 17 E195 jets from fellow Lufthansa subsidiary, Lufthansa CityLine.

The aircraft, which have an average age of four years and are worth an estimated $900m, are to replace Austrian’s fleet of Fokker 70 and Fokker 100 aircraft which are around 21 years old. The 120-seat E195s offer a fuel burn saving of around 18 per cent per seat over the Fokker fleet, according to Austrian.

Andreas Otto, CCO of Austrian, described the decision as “one of the largest investment projects in the airline’s history” and said that 900 jobs were linked to the programme.

The first of the E195 jets is set to be delivered in August. CityLine, meanwhile, is set to replace the Embraer aircraft with next generation CRJ900 aircraft from Eurowings’ fleet.

TAGS: Europe
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