Korean books a place among Far East 'biggies': after merger with Asiana goes 'all in' with Boeing and orders 103 new planes
After suffering years of clear supremacy by Airbus, Boeing for the past year has been rearing [...]
Korean Air
Asiana Airlines
Star Alliance
SkyTeam
After suffering years of clear supremacy by Airbus, Boeing for the past year has been rearing its head again. The American manufacturer Is still struggling with the certification of the Boeing 777X and the 737 MAX 7 and MAX 10, which have accumulated years and years of delays in delivery to customers (and we still do not know, exactly, when they will go into service), But he seems to have left behind (for the moment) the long sequence of incidents that have undermined its credibility built over decades of excellence.
In this article:
And it is taking back market share, thanks to some major orders from giants in the air transport industry. The latest is the one placed in recent hours by Korean Air, totaling 103 planes and a countervalue of $36.5 billion. Part of the order (which is accompanied by an order for General Electric engines and parts for another $13 billion) are 20 Boeing 777-9, 25 787-10, 50 737-10 and 8 777-8F.
The largest single order ever placed by the Korean company throughout its history was announced during the visit to Washington of newly appointed Korean President Lee Jae Myung and is part of the approximately 300 billion in investments in the United States 'promised' by Korea during the negotiation that allowed the Asian country to obtain trade duties from the U.S. administration at 15%.
While a 'time window' for deliveries has not been made official since, with the exception of the 787-10, the other aircraft that are part of the order have yet to obtain certification from the Federal Aviation Administration (FAA), Korean specified that the 80% of airplanes ordered will replace aircraft that are now part of its and Asiana's fleet, which is already part of the country's largest company and whose brand is set to disappear away as its airplanes are repainted in Korean's new livery colors or are withdrawn from service.
The Seoul-based carrier, in addition to having completed in recent years the acquisition of (former) rival Asiana, in recent months has undertaken a complete rebranding, which involved both the livery of its planes and Korean's 'Prestige Class' business.
To date, however, the two companies combined deploy a total fleet of 238 aircraft, 169 of which are from Korean and 69 from Asiana. In detail, Korean has 6 Airbus A380s, 2 A350-900s, 24 A330s, 10 A220-30016 Boeing 747s (including five 747-8 passengers), 43 Boeing 777s (of which 12 are Cargo), 28 Boeing 787s and 24 Boeing 737s. Asiana, on the other hand, has 6 Airbus A380s, 15 A350-900s, 14 A330s, 25 A321s and 9 Boeing 777-200ERs in its fleet.
