Eyeing Air Berlin, Lufthansa board backs extra investment for Eurowings

BERLIN (Reuters) - Lufthansa's supervisory board approved plans to invest 1 billion euros ($1.2 billion) in up to 61 additional planes to expand its Eurowings budget business after German rival Air Berlin was declared insolvent.

Eyeing Air Berlin, Lufthansa board backs extra investment for Eurowings
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