Lufthansa has become the first airline to take possession of the Airbus A320neo
Airbus says that the craft, which has been in production since 2010, will burn 20% less fuel per seat than currently available aircraft. Turbine engine specialist Pratt & Whitney designed the engine.
"We are pleased to be the first airline in the world to take possession of the Airbus A320neo today," Lufthansa CEO Carsten Spohr said in a statement. "The cutting-edge technologies of Airbus and Pratt & Whitney make the A320neo the most efficient and quietest aircraft for short- and medium-haul flights by far."
The noise level on the A320neo is approximately half of what it is on the standard A320, Lufthansa said. Neo, is short for "New Engine Option."
Lufthansa plans to base the plane in Frankfurt. Its first flight will be to Hamburg on Jan. 24. The plane will also fly to Munich.
The two-class aircraft has 180 seats.
Airbus has taken 3,327 orders for the A320neo, according to the company's website.
Lufthansa expects to take possession of five A320neos this year and has ordered 116 neo-type planes, including 45 of the larger A321neos.