Korean Air to Invest $1.6 Billion in New Aircraft with Order of Five A330s and Two B777s
Korean Air has announced that it will invest $1.6 billion in seven new aircraft from Boeing and Airbus. The new planes will become part of the Korean Air fleet between 2013~2015.
South Korea's flagship carrier has placed a firm order to purchase two new Boeing B777-300ER and five Airbus A330 passenger planes.
“These latest orders for the A330 and B777 are part of our continuous fleet modernisation strategy,” said Yang Ho Cho, chairman and CEO of Korean Air. Moving forward, the A330 and B777s will be key elements in our fleet, enabling us to offer comfortable and convenient service on a wide range of regional and international routes.
The latest purchase agreement with Airbus increases the total number of A330s ordered by Korean Air to 30 aircraft, of which 23 have already been delivered.
Korean Air has placed a firm order with Boeing for 2 B777-300ER. The latest purchase increases the total number of B777s ordered to 13 aircraft, of which 28 already are in use by the airline.
About Korean Air
Korean Air, with a fleet of 133 aircraft, is one of the world's top 20 airlines, and operates almost 400 passenger flights per day to 112 cities in 39 countries. It is a founding member of the Sky Team alliance, together with its 13 members, which offers its 395 million annual passengers a worldwide system of more than 13,000 daily flights covering 898 destinations in 169 countries.
In 2010, Business Traveler named Korean Air the best Asian airline for the fourth consecutive year and best transpacific business class for the fifth straight year, while Global Traveler awarded the airline with best business class seat design and best airport staff/gate agent. The carrier won the 2010 global travel catering distinction award by Pax International magazine while World Traveler magazine rated it as having the world’s best inflight service. Travel & Leisure magazine readers say it is one of the world’s top 10 international airlines and readers of Conde Nast Traveler magazine voted Korean Air one of the world’s top ten global airlines.
South Korea's flagship carrier has placed a firm order to purchase two new Boeing B777-300ER and five Airbus A330 passenger planes.
“These latest orders for the A330 and B777 are part of our continuous fleet modernisation strategy,” said Yang Ho Cho, chairman and CEO of Korean Air. Moving forward, the A330 and B777s will be key elements in our fleet, enabling us to offer comfortable and convenient service on a wide range of regional and international routes.
The latest purchase agreement with Airbus increases the total number of A330s ordered by Korean Air to 30 aircraft, of which 23 have already been delivered.
Korean Air has placed a firm order with Boeing for 2 B777-300ER. The latest purchase increases the total number of B777s ordered to 13 aircraft, of which 28 already are in use by the airline.
About Korean Air
Korean Air, with a fleet of 133 aircraft, is one of the world's top 20 airlines, and operates almost 400 passenger flights per day to 112 cities in 39 countries. It is a founding member of the Sky Team alliance, together with its 13 members, which offers its 395 million annual passengers a worldwide system of more than 13,000 daily flights covering 898 destinations in 169 countries.
In 2010, Business Traveler named Korean Air the best Asian airline for the fourth consecutive year and best transpacific business class for the fifth straight year, while Global Traveler awarded the airline with best business class seat design and best airport staff/gate agent. The carrier won the 2010 global travel catering distinction award by Pax International magazine while World Traveler magazine rated it as having the world’s best inflight service. Travel & Leisure magazine readers say it is one of the world’s top 10 international airlines and readers of Conde Nast Traveler magazine voted Korean Air one of the world’s top ten global airlines.