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 Unlimited -- Recent Daily Episodes

Episode Date

Monday

Tuesday

Wednesday

Thursday

Friday

Airborne On ANN

Airborne 04.27.15

Airborne 04.21.15

Airborne 04.22.15

Airborne 04.23.15

Airborne 04.24.15

Airborne Hi-Def On YouTube

Airborne 04.27.15

Airborne 04.21.15

Airborne 04.22.15

Airborne 04.23.15

Airborne 04.24.15

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

U.S. Drawing Down European Apache Fleet

Will Relocate 24 Aircraft From Germany To Alaska Twenty-Four Apache attack helicopters will be relocated from Germany to Alaska under a cost-saving plan being implemented by the U.>[...]

GoJet Airlines Announces ATP Flight School Partial Reimbursement Program

Program Subsidizes A portion Of ATP Tuition For Students Who Commit To Flying For GoJet Airlines GoJet Airlines is pleased to announce that it has teamed with ATP Flight School to >[...]

ANN FAQ: Getting The Most Out Of ANN's Newsletters

ANN goes through a lot of trouble to make the graphics flashy and cool and an integral part of the story. But let's face it, they're bandwidth-intensive. So here are a couple of th>[...]

Airborne 04.24.15: DA62 Cert, Flt Design's C4, Sporty Transitions, 1st Flt Fight

Also: Legend Cub, Piper Orders, Postal UAVs?, IMC Club 'Brown Jacket Award', X-47B Refueling The Diamond DA62 has received its EASA Type certificate. After a sunny and warm day Wed>[...]

ANN's Daily Aero-Linx (04.26.15)

Aerospace Web Aerospaceweb.org is a non-profit site operated by engineers and scientists in the aerospace field. The goal of this site is to provide educational information on a va>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2015 Web Development & Design by Pauli Systems, LC