Business

June 19, 2013

Boeing, Korean Air announce commitment to buy 11 twin-aisle airplanes

Boeing and Korean Air announced June 18 that the airline has agreed to purchase five 747-8 Intercontinental airplanes and six 777-300ER (Extended Range) jetliners, valued at approximately $3.6 billion at current list prices.

Boeing will work with Korean Air to finalize the order, at which time the order will be posted to Boeing’s Orders & Deliveries website.

“Korean Air is a valued Boeing customer and their commitment to add more Boeing twin-aisle airplanes to their fleet demonstrates our strong partnership,” said Boeing Commercial Airplanes President and CEO Ray Conner. “Korean Air has steadily built its reputation as an early adopter of new technology and innovation and Boeing airplanes have played an instrumental role in that strategy.”

Korean Air is the only airline in the world to order both the passenger and freighter variations of the 747-8. When today’s order is finalized, Korea’s flag carrier will have 10 747-8 Intercontinental airplanes on order. The airline has taken delivery of three of its seven 747-8 Freighters on order.

Korean Air currently operates a fleet of 90 Boeing passenger airplanes that consist of 737, 747 and 777 airplanes. The airline also operates an all-Boeing cargo fleet of 27 747-400, 747-8 and 777 Freighters. In February 2012, Korean Air became the first airline in the world to operate both the 747-8 and 777 Freighters.

“Boeing shares a unique relationship with Korean Air—both as a customer and a supplier for Boeing,” said Conner. “Our partnership is built upon trust and is multifaceted, which brings us closer on many levels.”

Korean Air’s Aerospace Division is a key Boeing partner on both the 747-8 and 787 programs, supplying the distinctive raked wing-tips for each model.

 




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


 
 

 

Headlines May 29, 2015

News: U.S. Army chief opens door to embedding U.S. troops with Iraqi forces - After the fall of Ramadi, the Iraqi Security Forces need military and political leadership, Gen. Raymond Odierno says.   Business: No acquisition strategy yet for LCS frigates - Details of the new Littoral Combat Ship frigate program’s acquisition strategy are still being reviewed,...
 
 

News Briefs May 29, 2015

Finnish navy: Underwater intruder possible foreign submarine Finnish military officials say that an underwater object the navy chased last month in territorial waters and dropped several depth charges could have been a foreign submarine. A navy investigation released May 28 says that technical analysis did not provide sufficient proof of the presence of a submarine...
 
 
Lockheed Martin photograph by Chad Bellay

F-16 test pilots hit the ‘road’ to help train USAFE pilots

Air Force photograph by Airman 1st Class Kyla Gifford Three F-16s assigned to Spangdahlem Air Base, Germany, on a refueling mission last year. Two F-16 test pilots from the 416th Flight Test Squadron recently returned from a &#...
 

 
Navy photograph

Its reign in the fleet over, naval Sea King helicopter now rests at Pax Museum

Navy photograph At more than 54 feet in length with a 62-foot rotor diameter, the mighty SH-3A Sea King helicopter sits in its final spot at the Patuxent River Naval Air Museum. Designed as an anti-submarine warfare helicopter,...
 
 
boeing-korea

New Boeing Avionics Facility to enhance ROKAF readiness, affordability

Boeing formally opened a new avionics maintenance and repair center in the Yeongcheon Industry District of Daegu-Gyeongbuk Free Economic Zone May 28. The 10,000 square-foot facility will test and repair aircraft electrical syst...
 
 
Navy photograph by John F. Williams

ONR testing high-speed planing hulls

Navy photograph by John F. Williams A ship hull model attached to a high-speed sled moves through waves at the David Taylor Model Basin at Naval Surface Warfare Center, Carderock, during Office of Naval Research -sponsored rese...
 




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=""> <strike> <strong>