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Tue, 23 July 2019

Korean Air Finalises Order for 20 Boeing 787 Dreamliners

Korean Air has finalised an agreement with Boeing for 20 787 Dreamliner airplanes including 10 787-10s and 787-9s, valued at US$6.3 billion according to list prices.

Along with an agreement to lease 10 additional 787-10 jets from Air Lease Corporation, the deals will quadruple Korean Air's Dreamliner fleet.

Korean Air, one of the largest transpacific carriers in Asia with 16 non-stop routes to North America, is adding the 787-10 to its long-haul fleet to complement its existing 787-9 and 777 airplanes.

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The 787-10 is the largest member of the Dreamliner family. At 224 feet long (68 meters), the 787-10 can serve up to 330 passengers in a standard two-class configuration, about 40 more than the 787-9.

As we continue to innovate our product offering, the 787 Dreamliner family will become the backbone of our mid-and long-haul fleet for many years to come, said Walter Cho, Chairman of Korean Air. In addition to 25 percent improved fuel efficiency, the stretched 787-10 offers around 15 percent more space for passengers and cargo than our 787-9s, which will be critical to our long-term business goals.

Korean Air announced its commitment to order the 20 Dreamliner jets and lease 10 more at the Paris Air Show in June. The airline plans to deploy the 787-10 on medium-range routes, while continuing to leverage the longer-range capabilities of the 787-9 Dreamliner on long-haul flights.

Korean Airs Aerospace Division is a key Boeing partner on the 747-8 and 787 programs, supplying the distinctive raked wing-tips for each model. The division is also a supplier of the Advanced Technology (AT) Winglet on the 737 MAX.

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