Airlines
Lufthansa Commits to Adding 61 Airplanes to Eurowings Fleet
Supervisory board approves €1 billion investment
The Eurowings fleet would gain another 40 Airbus A320-family jets under plans by Lufthansa to expand its subsidiary's operations after the acquisition of parts or all of Air Berlin. (Photo: Flickr: Creative Commons (BY-ND) by spotter-cgn.de)
The Eurowings fleet would gain another 40 Airbus A320-family jets under plans by Lufthansa to expand its subsidiary's operations after the acquisition of parts or all of Air Berlin. (Photo: Flickr: Creative Commons (BY-ND) by spotter-cgn.de)

The supervisory board of Lufthansa Group on Tuesday approved an investment of some €1 billion for the acquisition of 61 airplanes by its Eurowings low-fare subsidiary. The plan, which Lufthansa said remains dependent on the successful conclusion of negatiations to acquire parts of bankrupt Air Berlin, would involve both purchases and lease of 41 Airbus A320-family narrowbodies and 20 Bombardier Q400 turboprops. The company said it plans to finance the acquisitions from existing liquid funds.


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