Korean Air and Boeing have just announced a deal for over 100 new aircraft, described as the biggest Boeing wide body order ever from an Asian carrier. Let’s take a look at the details…
Continue reading: Korean Air Places Record-Breaking Boeing Aircraft Order, Sort Of
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Here and only here is the first time I read that it’s still a plan. Thanks, Ben. Much love t you & yours
Everyone else too focused on the numbers (in excess of $50 billion with GE engines at list prices) to take a step back
Ben writes …. “Korean Air has a huge amount of fleet modernization planned, and I’m curious to see how it all plays out” …. Anyone on the right side of the pond might well think …. “Dream on Korean Air, will Boeing ever deliver any of the order this century?” …. 🙂
This is not an order but a PR stunt to butter up you know who. Cane right alongside the other S. Korean stunt of asking you know who to make peace in the peninsula (because, you know, the first meeting with N Korea yielded so much) and build a golf course there.
In other words, it has no value at this point and is definitely not newsworthy (and part of the announcement is tied to the fact that there are some files that need to be covered up and it's an attempt to get the media to stop taking about them).
Will the 737 Max 10s have the newer 2-2 lieflat business class in their A321neos? Or will it be standard recliner like their Max 8s?
@ yoloswag420 -- It hasn't been announced one way or another, so we'll have to wait and see.
This Delta obsession needs to stop.
Does Delta decide the KE livery? I don't think so.
Asian tourists feel increasingly welcome in the United States, and Asian cargo shipped on KAL is bound to increase with tariff barriers becoming insignificant. The future is certainly bright, and those Boeing planes will no doubt turn into firm orders.
as part of his tariff plan, Trump is Boeing's #1 salesman.
and, yes, ICN is expanding on its position as the best hub in Asia. Larger terminals, more runways, and flights to places that other hubs don't serve.
All of Korea airlines orders always start as Intents and then are firmed up usually within the following 6 months
ICN is a terrible hub. Terminal 1 is a dinosaur, and Terminal 2 seems years older than it is. Transit is cumbersome; the airport is inconvenient to central Seoul. Never mind the fact that using it necessitates flying Skyteam (the weakest alliance) over the Pacific.
Asia's best hubs are Haneda, Taoyuan and Hong Kong, in that order.
KE + OZ currently have just over 200 aircraft and 260 on order including 140 WBs: 65 78Xs, 27 A35X, 40 779s, 8 77Fs while DL only has 28 WBs on order. Quite a bit of an imbalance and growing.
ICN is an excellent #2 hub for Asia. It’s only 20% smaller than HND and almost nearly as well positioned geographically with plenty of room to grow.
Weird comparison to make about size of HND vs ICN. HND is mostly domestic traffic still. ICN is majority international, their size difference needs to be head to head.
Also, hub size matters too, HND is a dual hub of ANA and JAL, ICN is primarily KE now after the merger.
Main difference being that Japan has literally dozens of secondary and tertiary cities that foreign travelers want to visit. The beauty of HND is that travelers can connect between Europe/North America and the rest of Asia, or to elsewhere in Japan. If you want to do the latter in Korea, you'd need to take a bus to GMP.
Exactly Jessica and Japan's GDP is 234% larger than South Korea's. Japan also still has other important airports including NRT.
Uhhh.. fake Eskimo, forgot to change user names?
I was thinking to ignore your first fake name comment since it was baiting Tim Dunn.
But this comment is just too dumb to even bait Tim.
now that the eskimo got kicked off Alaska's tail, is he trying to find his identity with multiple users?
and the comparison between DL and KE's order book is also meaningless. DL has another 20 Airbus widebody options and has been receiving more widebodies than any other US airline for the past 2 years. and DL is expected to place another widebody order. When you are one of the largest and financially strongest airlines in the world, you get airplane salesman coming to you.
and ICN is simply a larger international hub than anything else in Asia and is only growing larger.
and with an announcement about new service to Riyadh expected (Bastian is there for a development conference) with HKG and MEL coming and another dot or two in Europe, DL seems to have no shortage of aircraft to expand its network - both domestically and internationally
Riyadh? Watch out Nuuk.
UA's TPAC is bigger than AA & DL combined. Looks like KE will continue doing the heavy lifting for Skyteam in Asia given the six year backlog for wide body aircraft.
One is minded to ask Tim …. Tim, is extremely willing to offer an opinion and more likely to respond than some.
Tim, on the right side of the pond it appears that Tango Trump, is playing a blinder for the U.S. economy. Bump up tariffs on foreign imports, then reduce the tariffs if a ‘country’ buys a large quantity of U.S. manufactured goods.
Could this (as is suspected here) be a reason for the number of Boeing orders from foreign buyers?
Also, are Boeing actually going to be able to capitalise on Trumps strategy?
Can they actually deliver the quantities in a timely manner?
Many thanks in anticipation ….
While they appear to have the 3rd largest 77X order for now, they can still be overtaken by China as a whole as they're rumored to order 500 aircraft. I can also see CX exercising their options and even ordering more.
Moving on, I wonder what aircraft they'll keep from Asiana once we start seeing fleet integration aside from the A350s. The latter's A330s are all leased so they can easily get rid of them and they can also eliminate their 772ERs as well as their own 300s. So that leaves the A321neos and they're in an interesting spot; do they plan on operating both engine types or operate a single type for simplicity?
Lastly, how are they going to fit all those a/c at ICN?!
I have said repeatedly that Trump is Boeing's #1 salesman. They do have tens of thousands of high quality manufacturing jobs in the US. Whether these companies would have ordered these numbers of aircraft from Boeing anyway is anyone's best guess.
I would far rather Trump sell planes for Boeing than run the risk of a tax-payer bailout.
Boeing has to decide if they can deliver what they sell.
I do think they have turned the corner on their turnaround.
I think the real question mark is with the MAX 7 and 10 and it comes down to the FAA's unwillingness to give Boeing a pass on any more exemptions.
The growth that they're pondering is pretty staggering.
Assuming all of the A330s, 772ERs, 773As, 748is, and A380s are all replaced by their current outstanding orders: that still leaves 85 incoming widebodies for expansion purposes!
Even if we also assume the replacement of their 773ERs, which aren't that old and are undergoing refurbishment, that's still more than 60 widebodies for growth. Wild.
"Asia's best hubs are Haneda, Taoyuan and Hong Kong, in that order."
Based on the declarative opinion of an internet nobody. (eye roll)
The "best hub" is the hub that gets any given passenger, where they want to go most efficiently. That's completely subjective.
Just as I thought, both of you are dinosaurs but still naive.
Boeing makes money selling WMDs to both sides of the pond.
Why do you think there is always a war going on somewhere for decades.
Ukraine drones doesn't build itself.
Israeli Apache and it's weapons didn't come from Benny. But Benny sure is using a lot of Apache in the past year.
NATO equipments..... you get the picture.
Wartime budgets are the holy grail.
Peacekeeping as an excuse is a close runner up.
Boeing isn't just about 737 or 777.
While it is subjective, only Taiwanese would put Taoyuan on such list, and this is coming from someone who thinks TPE is underrated. At least the super overrated SIN isn't there either.
Boeing is far from the US or world's largest defense contractor.
and the reason why UA has lost so much money over the past few years is because they have done very poorly on their commercial aircraft operations.
Delta made 10X more money flying the Pacific over the past 10 years as United did.
You reinforce that you and United's execs don't understand United's true goal as a publicly traded company which is to make the most money for its shareholders AND THEN to fly as many exotic destinations as it can find to work
it is beyond impressive and it will make ICN one of the world's most connected cities by air.
While some cling to Japan as being the epicenter of Asian aviation, South Korea has laid a future for itself that rivals and may surpass places like Dubai for global connectivity.
Tim nobody brought up UA.
Nor are we discussing other defense contractors, who also profit from these proxy wars.
This is just to answer your alter ego about Boeing capitalizing on Trump, that Boeing makes more money selling weapons than 777.
Steady on now Esk, your knickers really are in a twist just now …. 🙂
Do you actually think that neither Tim, nor I, actually do not know the makeup of the Boeing Corporation?
Really now bro, you have been following the likes of that Plain Jane and her southern belle mucker down the road to trolldom for far too long. You are being wound up like a cheap Chinese alarm clock old bean …. 🙂
@Jessica
Proximanova is now pretending to be a woman.
"visualise yourself flying Qsuites or Air France or JAL or something of that kind! ;)"
Looks like they are trying to modernize, and keep with the newer, more fuel, and performance efficient aircrafts. This is smart.