FRANKFURT—Lufthansa decided to retire a significant part of its Airbus A380 fleet as it invests in smaller widebodies. The airline confirmed Mar. 13 that it will return six of its 14 A380s to Airbus in 2022 and 2023. Financial details of the transaction were not disclosed. However, the company placed an order for 20 additional A350-900s at the same time. Trade-ins of this magnitude are rare, but have taken place before when manufacturers have a keen strategic interest in placing other ...

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