Wednesday, May 8, 2024
29 C
Brunei Town

Korean Air plans to seal USD13.7B deal for A350 aircraft

ANN/THE KOREA HERALD – South Korea’s top airline Korean Air intends to finalise a USD13.7 billion agreement with Airbus for the purchase of 33 new A350 series aircraft.

The deal comprises 27 A350-1000s and six A350-900s, aimed at updating its fleet as it phases out older planes.

The A350-1000, the largest in its series, can accommodate up to 410 passengers and boasts advanced materials for fuel efficiency and reduced carbon emissions, offering a 25 per cent improvement over previous models.

The move aligns with the airline’s sustainability goals and prepares for the integration of Asiana Airlines following the merger approval in various countries.

“The procurement of the next-generation, eco-friendly A350 is not only aligned with the airlines’ sustainability efforts, but also is seen as preparation for the integration of Asiana Airlines,” it said.

The company’s merger deal with the country’s second-largest air carrier has been approved by antitrust authorities in 13 countries and regions, and is waiting for final approval from the United States.

Korean Air also plans to acquire 50 Airbus A321neos, 10 Boeing 787-9s, 20 Boeing 787-10s, and 30 Boeing 737-8s as part of its fleet modernisation strategy.

A Korean Air aeroplane in South Korea. PHOTO: THE KOREA HERALD
spot_img

Latest

spot_img