Financiers have the greatest exposure to Lufthansa's A340s

Source: Flightglobal.com
This story is sourced from Flightglobal.com

Aviation investors, including leasing entities and banks, own 25 A340s with Lufthansa, or the majority of the German carrier’s 48-aircraft fleet.

Lufthansa operates 24 A340-300s and 24 A340-600s, Flightglobal’s Ascend Online database shows.

Malta Aircraft Leasing, by far, has the greatest exposure with 14 A340-600s on its books, while TAF Tokyo, and “undisclosed banks” follow in a distant second with three units each.

Operating lessor Orix Aviation owns two A340-300s with the carrier.

Special purpose vehicles ULH, SEB and Austria own one A340-600 each.

Lufthansa is the listed owner on the remainder of its A340 fleet.

The carrier today ordered 34 Boeing 777-9X widebodies and 25 Airbus A350-900s to replace its A340 and 747-400 long-haul fleets.

The German flag carrier said in March that it would make a widebody order by the fourth quarter 2013 to replace its ageing long-range aircraft below the Airbus A380 and Boeing 747-8.