Lufthansa Group subsidiary Austrian Airlines must decide on a long-haul fleet replacement in 2018 as the life of its current fleet winds down over the next two years. Austrian currently has 11 Boeing 767-300ERs and 777-200ERs. The 767s will need to be replaced first, from 2019-20 onward, according to Austrian CEO Kay Kratky. Kratky told ATW that a new long-haul fleet could require an investment of €1 billion- €2.4 billion ($1.2 billion-$2.8 billion). “This could include ...

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