Korean Air Orders 25 Boeing Passenger Planes, Freighters | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

** Airborne 09.02.14 ** HD iPad-Friendly -- Airborne 09.02.14 **
** Airborne 08.29.14 ** HD iPad-Friendly -- Airborne 08.29.14 **
** Airborne 08.27.14 ** HD iPad-Friendly -- Airborne 08.27.14 **

Wed, Nov 22, 2006

Korean Air Orders 25 Boeing Passenger Planes, Freighters

Puts Boeing Ahead Of Airbus By 339 Planes For Year

It's the largest single order ever for commercial airliners from South Korea... and it went to Boeing.

Korean Air announced Tuesday it would buy 25 passenger and freighter aircraft in a deal valued at $5.5 billion dollars at list prices. The carrier ordered 10 777-300ERs and five 737-900/700 single-aisle passenger planes, along with five 747-8 and five 777-200 freighters.

"Korean Air is a world-class airline, and we value our long relationship with this important customer," said Larry Dickenson, Boeing Commercial Airplanes vice president of Sales. "Korean Air is buying the world's most fuel-efficient, technologically advanced aircraft to meet their requirements, and we look forward to continuing our strong working relationship. We are proud to produce the airplanes that play a key role in Korean Air's plans for growth and leadership."

The airline also has options for eight additional aircraft, including four 777-300ERs, two 747-8Fs and two 737-900ERs. The aircraft will be delivered between 2009 and 2019.

In a statement to ANN, Korean Air said its orders will "enhance the carrier's operation efficiency through modernization of the fleet and reduction in fuel and operational costs."

The order sent Boeing stock to an all-time high. As it stands now, Boeing has 847 orders so far for the year... outpacing Airbus by 339. At this time last year, Airbus trailed Boeing by just over 200 orders... but wound up beating Boeing in the end, helped greatly by a surprise 150-plane order from China.

Will history repeat? Well, as last year proved, never count Airbus out. But 339 orders...

FMI: www.boeing.com, www.koreanair.com

Advertisement

More News

Annual Oshkosh 2014 'Best/Worst Of' Award Selection Invites YOUR Participation!

YOU Can Contribute To The Annual List Compiled By The Staff and Readership of the ANN and Aero-TV! E-I-C Note: We're going to start naming names and dropping details THIS week--- t>[...]

Airborne 08.29.14: Google Drone!, Cessna's 10,000th, Bearhawk LODA

Also: Big Boeing Order, Napa Tower Quaked, Landsberg Retires, Galileo Falters Breaking News! Google has unveiled an exciting new UAV project, called Project Wing, which has been un>[...]

Aero-TV: The Tecnam Juggernaut -- SeaSky, P2008, P2010, Trainers, and Astore!

An Impressive Line-Up Continues To Make A Solid Impact On Sport Aviation ANN CEO and Editor-In-Chief, Jim Campbell seized the opportunity to talk with Phil Solomon, the CEO of Tecn>[...]

AD: Bombardier, Inc. Airplanes

AD NUMBER: 2014-17-04 PRODUCT: Certain Bombardier, Inc. Model CL-600-2B19 (Regional Jet Series 100 & 440) airplanes.>[...]

ANN's Daily Aero-Linx (09.02.14)

FAA General Aviation Airports Report Beginning in 2010, the FAA began a national review of the general aviation airports resulting in two reports, General Aviation Airports: A Nati>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2014 Web Development & Design by Pauli Systems, LC