The Boeing Corporation has announced at the Paris Air Show that Korean Air has signed a commitment to purchase 10 new 787-10s and 10 additional 787-9 aeroplanes valued at $6.3bn at current list prices. Additionally, the national carrier will lease 10 787-10s from the Air Lease Corporation, bringing the total of new 787 Dreamliner aircraft to its fleet to 30.
As one of the largest transpacific carriers in Asia with 16 non-stop routes to North America, the airline will introduce the larger 787-10s to bolster its long-haul fleet, which is currently made up of 787-9 and 777 aeroplanes.
Walter Cho, Chairman of Korean Air, said: "As we continue to innovate our product offering, the 787 Dreamliner family will become the backbone of our long-haul fleet for many years to come.
"In addition to 25% improved fuel efficiency, the stretched 787-10 offers around 15% more space for passengers and cargo than our 787-9s, which will be critical to our long-term business goals."
To date, Korean Air operates a fleet of 96 Boeing passenger aeroplanes, which includes the next-generation 737, 747, 777 and 787 aeroplanes. Additionally, the carrier operates an all-Boeing cargo fleet with the 747-400, 747-8 and 777 Freighters.
In terms of engines, Korean Air has selected the GEnx engine to power its 30 additional Boeing 787 Dreamliners.
Ihssane Mounir, senior vice president of Commercial Sales and Marketing of The Boeing Company, said: "Korean Air is a leading global airline and has become one of Asia’s largest transpacific carriers. We are honoured that Korean Air has decided to quadruple its 787 Dreamliner fleet and we will work closely with them to finalize this landmark deal.”
He added: "Korean Air continues to build its incredible widebody aeroplane fleet to enable its philosophy of providing 'Excellence in Flight' for its passengers."