Korean Air to Add 30 Dreamliners in Deals With Boeing, Air Lease -- Update
June 18 2019 - 8:03AM
Dow Jones News
By Colin Kellaher
Boeing Co. (BA) on Tuesday said Korean Air Lines Co. (003490.SE)
will add 30 787 Dreamliners to its fleet through the purchase of 20
planes from the aerospace giant and the lease of another 10
aircraft from Air Lease Corp. (AL).
Boeing said Korean Air has agreed to buy 10 new 787-10s and 10
more 787-9 airplanes, valued at $6.3 billion at list prices, in a
deal announced at the Paris Air Show.
Chicago-based Boeing said the order will quadruple the 787 fleet
at Korea's flag carrier, which currently operates 96 Boeing
passenger planes.
Air Lease, a Los Angeles aircraft-leasing company, said it will
deliver the 787-10s that Korean Air is leasing between 2021 and
2023 from its order book with Boeing.
Air Lease, which currently has a fleet of 56 Dreamliners, has
committed to buy another five 787-9 planes, valued at $1.5 billion
at list prices, Boeing said Tuesday.
Boeing said it has sold more than 1,400 Dreamliners to more than
80 customers since it launched the widebody program.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
June 18, 2019 07:48 ET (11:48 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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