Business

July 23, 2012

Boeing, Korean Air announce order for two 777-300ERs

Boeing and Korean Air July 20 finalized an order for two 777-300ERs (Extended Range) airplanes. The order is valued at $596 million at Boeing list prices.

“Korean Air has been a valued Boeing customer for over five decades and we are honored the airline has again chosen the 777-300ER to expand its long-haul fleet,” said Ihssane Mounir, vice president of Sales and Marketing for Greater China and Korea, Boeing Commercial Airplanes. “The 777-300ERs advanced technology and innovative features will continue to provide the airline with tremendous economics and reliability. Korean Air’s growing fleet of Boeing twin-aisle airplanes validates its commitment to excellence in flight.”

Korea’s flag carrier is in the midst of expanding its wide-body fleet to meet growing passenger traffic in Asia. The new airplanes will help Korean Air continue to position itself as a premium global airline.

The Boeing 777 is the world’s most successful twin-engine, long-haul airplane. It is 19 percent lighter than its closest competitor, produces 22 percent less carbon dioxide per seat and costs 20 percent less to operate per seat. The 777-300ER seats up to 365 passengers in a three-class configuration and has a maximum range of 7,930 nautical miles.

Korean Air currently operates 34 777 airplanes that include 10 777-300ERs. With this order, the airline has six more 777-300ERs on order with Boeing. The airline became the first airline in the world to operate both the 747-8 and 777 Freighters when they were added to its fleet after a historic double airplane delivery in February of this year.




All of this week's top headlines to your email every Friday.


 
 

 

NASA awards Raytheon $240 million contract for earth science data system

NASA’s Goddard Space Flight Center has awarded the Raytheon a five year contract valued at up to $240 million to continue its support of the Earth Observing Systems Data and Information System. This system ingests, archives and makes earth science data available to the scientific community worldwide. The latest EOSDIS Evolution and Development contract is...
 
 
U.S. Chamber of Commerce photograph

Boeing, Embraer to collaborate on ecoDemonstrator technology tests

U.S. Chamber of Commerce photograph Frederico Curado, president & CEO of Embraer, and Marc Allen, president of Boeing International, at the Brazil-U.S. Business Summit in Washington, D.C. The event occurred during an offici...
 
 
LM-Legion

Lockheed Martin’s Legion Pod™ takes to skies

Lockheed Martin photograph by Randy Crites Lockheed Martin’s Legion Pod recently completed its first flight test, successfully tracking multiple airborne targets while flying on an F-16 in Fort Worth, Texas. Legion Pod was in...
 

 

Raytheon wins U.S. Army contract award

Will provide R&D for ground vehicles, ground robotics The U.S. Army Contracting Command ñ Warren recently awarded Raytheon the TACOM Strategic Service Solutions indefinite delivery/indefinite quantity contract. The five-year multiple-award vehicle has a ceiling value of $634 million. The agreement covers future work on sensors, fire control systems, active protection systems, and robotics...
 
 

Lockheed Martin’s EW pod delivers proven ability to protect, control electromagnetic spectrum

Lockheed Martin is testing an electronic warfare pod in the company’s advanced anechoic chamber. The pod is designed to fit a variety of platforms, and is a self-contained electronic warfare package, encompassing an entire suite of capabilities in one unit.  Electronic warfare is the art and science of controlling the electromagnetic spectrum—from jamming enemy communications...
 
 
Northrop Grumman photograph

Northrop, Navy successfully conduct E-2D Advanced Hawkeye aerial refueling CDR

Northrop Grumman photograph An E-2C test aircraft assigned to Air Test and Evaluation Squadron (VX) 20 conducts an aerial refueling dry-plug engagement with an F/A-18. Northrop Grumman along with the U.S. Navy have successfully...
 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>