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.


 
 

 
Virgin Galactic photograph

NTSB concludes SpaceShipTwo flight test accident investigation

Virgin Galactic photograph WhiteKnightTwo and the first SpaceShipTwo during a captive carry test flight over the Mojave Desert. MOJAVE, Calif.–The National Transportation Safety Board has concluded the investigation of th...
 
 

Lockheed Martin, StemRad studying first-responder radiation shield for potential deep-space application

StemRad, Ltd. and Lockheed Martin have initiated a joint research and development effort to determine if StemRad’s radiation shielding technology ñ originally designed for first-responders ñ could help to keep astronauts safe on deep-space exploration missions. This collaboration is part of Lockheed Martin’s ongoing effort to establish international partnerships for human explorat...
 
 

General Dynamics to continue modernizing submarine tactical weapons systems

General Dynamics has received a $20 million contract modification from the U.S. Navy to continue modernizing the AN/BYG-1 Weapons Control System Technology Insertion and Advanced Processing Build software for U. S. Navy and Royal Australian Navy submarines. The AN/BYG-1 software analyzes and tracks submarine and surface-ship contact information, providing tactical, situational awareness for sub...
 

 

Boeing, Vietnam Airlines sign exclusive pilot training agreement

Boeing and Vietnam Airlines announced a five-year exclusive pilot-training agreement to support the Hanoi-based airline’s 787 Dreamliners. Under the agreement, Boeing Flight Services, a business unit of Boeing Commercial Aviation Services, will provide flight training for the airline’s new 787 Dreamliner fleet at Boeing’s Singapore training campus. Nearly 90 Vietnam Airlines p...
 
 
boeing-launch

Boeing WGS-7 satellite to provide military with 17 percent more bandwidth

Boeing’s seventh Wideband Global SATCOM satellite is now in orbit and will soon provide the U.S. and allied militaries with 17 percent more secure communications bandwidth than its predecessors thanks to a payload upgrade. ...
 
 

Boeing, Japanese partners formally sign agreement on 777X

Boeing and key Japanese partners July 23 signed a formal agreement for significant work on Boeing’s new 777X airplane. The agreement finalizes last year’s announcement by Boeing, Japan Aircraft Industries and Japan Aircraft Development Corporation of a Memorandum of Agreement to provide approximately 21 percent of the major airplane structure components for the 777X. The...
 




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>