Chief executive Christoph Franz said in a statement today that the board had approved the purchase of two Airbus A380 superjumbo jets and 30 Airbus A320s.
The board also authorised management to complete negotiations for a further 70 Airbus A320 and A321 planes.
Mr Franz said the purchase focused on making the company’s fleet more modern and fuel-efficient, rather than expanding it. The company is trying to cut costs and improve profits.
Read more: Lufthansa to buy 102 Airbus planes - Tourism News | Travel & Tourism Industry News | The Irish Times - Thu, Mar 14, 2013
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