Lufthansa to begin phasing out 737 Classics next year

Lufthansa will begin phasing out its 60-strong 737-300/-500 fleet by next year, with the -500s leaving by the end of 2009 and the remaining aircraft being retired by 2012, depending on market developments. LH owns 80% of its fleet. Nico Buchholz, who as senior VP-corporate fleet is responsible for 520 aircraft (plus those operating for partner airlines like Contact Air), told ATWOnline in Frankfurt that LH is selling an average of one aircraft per month. "But the number of new aircraft we ...