SOUTH Korea's flag carrier, Korean Air has made aviation history back home by signing a tenative order for 102 new Airbus and Boeing aircraft worth US$12.2 billion at list prices at the Paris Air show.
The carrier has a firm agreement to buy thirty 737 MAX-8 aircraft with options for 20 more, as well as two 777-300ER (extended range) jetliners from Boeing.
Korean Air has ordered fifty A321neo aircraft, including 30 firm orders with options for 20 more aircraft from Boeing's European rival, Airbus.
The airline also signed at the Paris Air show a tenative deal with Pratt & Whitney for its PurePower PW1100G engines to power the A321neo aircraft.
The aircraft will be delivered between 2019 and 2025 and will be used to replace the airline's aging B737 fleet and increase capacity to address growing demand.
A statement from the carrier added that it also plans to introduce new cutting-edge aircraft such as the Boeing 747-8i and B787-9 over the next few years.
Source : HKSG.