News Summary: Lufthansa dials up Boeing, Airbus


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(AP) - SPLIT DECISION: German airline Lufthansa is ordering 34 jets from Boeing and 25 from European rival Airbus as it updates its long-haul fleet to lower costs and make it more fuel efficient.

DOG FIGHT: Lufthansa AG is facing tough competition from Middle Eastern airlines on long-haul routes between Europe and Asia, as well as competition from low-cost airlines on shorter routes. The company lost $270.01 million in the first six months of the year as fuel prices and slower business in Asia and the Middle East sapped earnings.

LESS IS MORE: The new planes use an average 2.9 liters of jet fuel to fly a passenger 100 kilometers _ lower than the current fuel mileage figure for the company's long haul fleet of 3.58 liters per 100 kilometers per passenger.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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