Lufthansa orders 108 new Airbus, Boeing jets for nine billion euros

The purchases still have to be approved by Lufthansa's supervisory board. Delivery is scheduled between 2015 and 2025, the airline said in a statement late Tuesday.

That brings the total number of new aircraft that Lufthansa has ordered until the end of 2025 to 239 for a total price of 23 billion euros, which the carrier will pay for in cash or via loans.

Given the magnitude of the investments, Lufthansa announced it would waive a dividend payment for 2012 and fully retain its net profit.

Lufthansa said it flew back into the black last year, turning in net profit of 990 million euros compared with a loss of 13 million euros a year earlier.

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