World News: 17:59 GMT Tuesday 30th July 2019. [Yahoo Business News Feed via SPi World News]
Air France-KLM agreed to order 60 of Airbus's new A220 jets on Tuesday while announcing the retirement of the plane maker's A380 superjumbo from its fleet, as the Franco-Dutch airline group moves to improve fuel efficiency and costs. In a boost for the A220 programme acquired by Airbus from Bombardier last year, Air France-KLM's board approved 30 options and 30 purchase rights in addition to the firm orders worth an estimated $4.2 billion at unpublished list prices. The company said the 150-seater A220 would 'improve Air France's environmental footprint' as it gradually replaces its older A318 and A319 models at the smaller end of its fleet, starting in 2021.
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