Lufthansa orders $19B worth of planes from Boeing, Airbus

|About: The Boeing Company (BA)|By:, SA News Editor

Boeing (BA) has received an $11B booking for 34 of its upgraded 777-9X aircraft from Deutsche Lufthansa (DLAKF.PK) even though the U.S. company's board hasn't even approved the jet yet. Boeing expects to make that decision later this year.

The German carrier has also ordered 25 Airbus A350-900s (EADSF.PK), taking its total purchases to $19B at list prices.

Lufthansa has options for an additional 30 units of each plane as well.

Boeing hasn't yet disclosed the pricing for the 777-9X, which is expected to carry over 400 passengers and use GE (GE) engines, although Lufthansa's order indicates a cost of above $340M a plane. (PR)