Korean Air (Seoul) and Bombardier Aerospace (Toronto) announced on July 29 that the Letter of Intent (LOI) from Korean Air signed on June 21 at the 2011 Paris Air Show to acquire 10 CS300 airliners has now been converted into a firm order. The transaction also includes options on 10 CS300 aircraft and purchase rights for an additional 10 CS300 aircraft.
The firm order makes Korean Air, the launch customer for the CSeries aircraft in Asia.
Korean Air’s CS300 aircraft will be powered by Pratt & Whitney geared turbofan PW1521G engines. Designed for the growing 100- to 149-seat market, the CSeries family of aircraft combines advanced materials, leading-edge technology and proven methods to meet commercial airline requirements in 2013 and beyond.
The CSeries aircraft family will offer a 15 per cent cash operating cost advantage and a 20 per cent fuel burn advantage, greatly reduced noise and emissions as well as superior operational flexibility, exceptional airfield performance and a range of 2,950 nm (5,463 km). It will also provide passengers with widebody-style seating in a single-aisle aircraft.
The Korean Air transaction increases firm orders for the CSeries family of airliners to 133 aircraft. Other customers that have firm orders for CSeries aircraft include Republic Airways (40 CS300 aircraft), Deutsche Lufthansa AG (30 CS100 aircraft), Lease Corporation International Group (17 CS300 and three CS100 aircraft), Braathens Aviation (five CS100 and five CS300 aircraft), a well-established, unidentified airline (three CS100 aircraft), an unidentified major network carrier (10 CS100 aircraft) and an unidentified European customer (10 CS100 aircraft). These customers have also taken 119 options and 10 purchase rights on CSeries jetliners.
Bombardier Aerospace (Toronto) announced today (June 21) that Korean Air (Seoul) has signed an agreement to acquire 10ย Bombardier CS300ย aircraft with an additional 10 options and 10 purchase rights of theย CS300ย airliners. The parties signed a Letter of Intent (LOI) after several months of detailed negotiations.
According to Bombardier, the new type is “designed for the growing 100- to 149-seat market, theย CSeriesย family of aircraft combines advanced materials, leading-edge technology and proven methods to meet commercial airline requirements in 2013 and beyond.” Theย CS300ย aircraft will enter into service in 2014.
Powered by Pratt & Whitney PW1521G engines, theย CSeriesย aircraft family will offer a 15 per cent cash operating cost advantage and a 20 per cent fuel burn advantage; greatly reduced noise and emissions; as well as superior operational flexibility, exceptional airfield performance and a range of 2,950 nm (5,463 km). It will also provide passengers with three-plus-two, widebody-style seating in a single-aisle aircraft.
In addition to the LOI for up to 30ย CSeriesย aircraft announced today, Bombardier has booked firm orders for a total of 113ย CSeriesย aircraft, including 51ย CS100ย and 62ย CS300ย aircraft. Customers that have firm orders for CSeriesย aircraft include Republic Airways (40ย CS300ย aircraft), Deutsche Lufthansa AG (30ย CS100ย aircraft), Lease Corporation International Group (17ย CS300ย and threeCS100ย aircraft), Braathens Aviation (fiveย CS100ย and fiveย CS300ย aircraft), a well-established, unidentified airline (threeย CS100ย aircraft) and a major network carrier (10ย CS100ย aircraft). Theย CSeriesย aircraft program has also booked options for 109ย aircraft.
Boeing (Chicago) has announced it will increase the production rate for its Next-Generation 737 to 42 airplanes per month. Once implemented in the first half of 2014, the 737 program expects to build on average two 737s each workday and nearly 500 airplanes each year.
Copyright Photo: Joe G. Walker. Please click on the photo for the full details.
Korean Air (Seoul-Incheon) has expressed interest to airport officials about assigning its new Airbus A380 to the Incheon-Atlanta route starting next year.
Korean Air (Seoul-Incheon) today (May 24) celebrated the delivery of its first A380 at a special ceremony at Airbus in Toulouse. The ceremony was attended by Korean Air Chairman Yang Ho Cho and hosted by Airbus President and CEO Tom Enders. EADS CEO Louis Gallois was also present at the event. Korean Air is the sixth airline to take delivery of the A380 and has ordered a total of 10 aircraft.
Korean Air will initially operate the A380 from its Seoul hub to selected destinations in Asia, followed by nonstop services to North America and Europe.
Korean Air will be the first Airbus A380 customer to dedicate the entire upper deck of the aircraft to Prestige (business) Class passengers with 94 lie-flat Prestige Class seats. It is also the first airline in the industry to have a “Duty Free Showcase” on the A380 aircraft. The unique feature will have a variety of duty-free products displayed with a dedicated cabin crew member on hand to assist and advise passengers with their shopping.
Korean Air will also become the first Asian carrier to operate the GP7200 engine.
The GP7200 engine is the leading engine for the Airbus A380 aircraft. ย It has been selected to power 56% of all A380s on order with engine selections. ย There are 20 GP7200-powered A380s in service and 104 more on order.
In addition to Korean Air, Emirates and Air France operate GP7200-powered A380 aircraft. ย Etihad and Air Austral have also selected GP7200 engines for their A380 fleets.
According to the manufacturer, “the Engine Alliance is a 50/50 joint venture of General Electric and Pratt & Whitney, a unit of United Technologies Corporation. The GP7200 is the result of innovations to the combined technologies of its member companies’ most successful wide-body engines: the GE90 and the PW4000. The GP7200 utilizes the lessons learned from more than 35 million flight hours of successful operation with these legacy engines and incorporates new technology to produce the quietest, most fuel efficient engine for the A380. ย The GP7200 is certified at 76,500 pounds (340 kN) of thrust and has the capability to produce more than 81,500 pounds (363 kN). Its emissions are well below current and anticipated regulations.”
GP7200 Engine Program participants include SNECMA (France), Techspace Aero (Belgium) and MTU Aero Engines (Germany).
Copyright Photo: Gerd Beilfuss. Please click on the photo for additional information.
Korean Air (Seoul) today (March 18) announced an order for two new 747-8 Freighters.
Inย December 2009, Korean Air became the first airline to order both the passenger and freighter versions of the 747-8. With this order, Korean Air has five 747-8 Intercontinentals and seven 747-8 Freighters on order. The 747-8 Freighter offers a range of 4,390 nautical miles (8,130 km) and a maximum structural payload capacity of 154 tons (140 tonnes). It also offers an additional 4,221 cubic feet (120 m3) and 16 percent more revenue cargo volume than the 747-400 Freighter.
The airline currently operates a total 27 Boeing freighter airplanes and will become one of two airlines to operate both the 747-8 Freighter and the 777 Freighter.
Korean Air Worldwide Route Map (Passenger and Cargo):
Korean Air (Seoul-Incheon) will launch Airbus A380 scheduled service between Seoul (Incheon) and Tokyo (Narita) and Hong Kong starting on June 1.
Korean Air will gradually expand its A380 service to Bangkok in July when the second A380 arrives. The third A380 will permit the flag carrier to launch A380 service to New York (JFK) in August and the fourth A380 will permit Korean to schedule A380 flights to Los Angeles starting in October.
The entire upper deck of the KAL A380s will be devoted to business class flyers.
Korean Airโs business seating, called Prestige Class, will have 94 lie-flat sleepers with 188cm (74 inches) between the seats and extra large seat partitions.
Economy class seats will be spaced at 86cm (34 inches) apart and Prestige Class pitch will be 188cm (74 inches).
KAL’s A380s will have a total of only 407 seats: 12 first class and 301 economy class seats on the first level and the 94 Prestige Class seats on the upper deck. It is the first airline to devote the entire A380 second level to the business flyer.
Korean Air has ordered ten A380 aircraft with the first five to be delivered by the end of 2011 and an additional five by 2014.
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