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 12.05.16

Airborne 12.06.16

Airborne 12.07.16

Airborne 12.08.16

Airborne 12.09.16

Airborne Hi-Def On YouTube

Airborne 12.05.16

Airborne 12.06.16

Airborne 12.07.16

Airborne 12.08.16

Airborne 12.09.16

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

Airborne 12.08.16: Trump v AF1, Gordon Bennett Cup '17, Skydiving At Casa Grande

Also: Intoxicated Pilot, Seaplane Pilots, AEA/EASA, Drones As Lifesavers, ISS Update, T-50A Flight Ops, Safran President-elect, Donald Trump set the world of aviation and the media>[...]

City Of Orlando Rewrites Drone Code, Still Tries to Supplant FAA

Cites Explosive Growth Of Hobby Aircraft, Advances In Technology The City of Orlando, FL has rewritten the section of its municipal code dealing with unmanned aircraft in light of >[...]

Search Continues For Missing Marine In Japan

Ejected From F/A-18 Hornet Off The Coast Of Japan Wednesday The Marine Corps is continuing its search for a pilot who went missing after ejecting from his F/A-18 Hornet Wednesday o>[...]

Airborne 12.07.16: SpaceShipTwo Free Flt, Newest Tecnam, Hurricane Hunters Move

Also: Chelan Seaplanes Debacle, Electrifying E-Fest, Delta's New Airbus, Orion Update, ACSS NXT-700, Flyht, Duncan Aviation The newest SpaceShipTwo flew free of its mother ship for>[...]

Airborne 12.08.16: Trump v AF1, Gordon Bennett Cup '17, Skydiving At Casa Grande

Also: Intoxicated Pilot, Seaplane Pilots, AEA/EASA, Drones As Lifesavers, ISS Update, T-50A Flight Ops, Safran President-elect, Donald Trump set the world of aviation and the media>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2016 Web Development & Design by Pauli Systems, LC