German airline Lufthansa has announced it is ordering 20 Boeing 787 and 20 Airbus A350 long-haul jets and will sell six of the beleaguered A380 superjumbo aircraft in its fleet back to Airbus.
The carrier's board today approved the purchase of 20 Boeing 787-9 planes and 20 Airbus A350-900s.
Lufthansa will take delivery of the ordered planes by instalments between 2022 and 2027.
It plans to sell six of its 14 A380 planes to Airbus, with the planes leaving Lufthansa in 2022 and 2023.
It is not known how much the manufacturer will pay for the decommissioned A380s.
Meanwhile, the carrier said it had negotiated a significant reduction on the $12 billion (£9.1 billion) list price for the 787s and A350s, but did not disclose the extent of the discount.
Lufthansa CEO Carsten Spohr said: 'By replacing four-engine planes with new models, we are laying a sustainable foundation for our future.'
The airline's move follows the announcement last month that Airbus would end production of its flagship A380 superjumbo, putting about 200 UK and 3,500 global jobs at risk, over the next three years.
The A380 - the world's largest commercial jet - proved a commercial failure after 12 years in the air, although it was conceived as a competitor to US company Boeing's offerings.
The model was not viable. It never turned a profit and sales slowed as airlines favoured smaller, more agile aircraft and as Boeing's 787 Dreamliner enjoyed greater success.
Critics of the A380 argued the double-deckers are too large, proving too tough a challenge for airlines to fill.
Last month, analyst Richard Aboulafia of Washington-based Teal Group told Mailonline that the aircraft's demise 'was inevitable', adding: 'For Boeing, it has been a very long time since they needed to worry about the A380 as a competitive factor.'
Rolls-Royce, which makes the model's engines, said at the time that it doubted that the Airbus decision to stop making the A380 would have a knock-on effect for the company but stopped short of ruling out an impact on its workforce.