Results for: Aircraft Orders

Korean Air is reportedly in discussions with Boeing to purchase at least ten Boeing 777X aircraft. If the order is confirmed, it would be the third deal for the 777X this year and marks a shift for Korean Air, which has recently favored Airbus aircraft. The airline’s current fleet includes Airbus A380s and Boeing 747-8s, some of which are aging and due for replacement. The 777X is advertised with a capacity of up to 426 passengers in a typical two-class configuration, filling a gap in Korean Air’s fleet.

Japan Airlines (JAL) CEO Mitsuko Tottori has expressed concerns about the current weakness of the Japanese yen, stating that a stronger exchange rate of around 130 yen to the dollar would be more favorable for the airline. She emphasized that the majority of JAL’s expenses are in foreign currencies, making the weak yen a pressing issue. Tottori also highlighted the negative impact of the weak yen on outbound travel. Despite Airbus receiving a larger share of JAL’s recent aircraft order, Tottori emphasized that the airline will seek a balanced approach, ensuring that Boeing orders are delivered on time and meeting business requirements.