medium-haul aircraft from its A320 range.
Speaking at a presentation of the group's full-year results, Spinetta said Air France had decided to exercise its option to buy an extra two A380s, in addition to its existing order for 10 of the superjumbo passenger planes.
The purchase "is part of an agreement with Airbus relating to compensation for delivery delays" on the A380, Spinetta explained.
Spinetta estimated that the renewal of the group's long-haul aircraft should enable it to shave 12 pct off fuel costs by 2012.
At current catalogue prices, the total aircraft order announced today represents an investment of some 7 bln usd.
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