Lufthansa Cargo Phases Out 747s, Buys More MD-11s

Lufthansa Cargo will phase out all of its aging Boeing 747-200s and replace the aircraft with used MD-11 trijets, beginning in 2005. The airline opted against buying new aircraft and is cutting its fleet by three jets; Lufthansa plans to rely on wet-leases if demand outstrips capacity. "We are...

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