Mystery Airbus Order Allegedly Placed by Air India
According to Bloomberg, Air India, India's national carrier, has reportedly placed an order for 85 Airbus aircraft. The multi-billion dollar…
the airline is preparing for a merger with Asiana as it commits to the $14 billion aircraft order.
Korean Air announced on Thursday a new fleet expansion agreement with Airbus. The airline will sign a contract to purchase 33 A350 family aircraft, valued at $13.7 billion. The order includes 27 A350-1000s, the largest variant in the A350 family, and six A350-900s.
This move is seen as a way for Korean Air to bolster its long-term operations and prepare for the potential integration of Asiana Airlines. The A350s are known for their increased fuel efficiency and reduced carbon emissions, aligning with Korean Air’s sustainability efforts.
The A350-1000 boasts a range of up to 16,000 kilometers with a full payload, making it ideal for long-haul routes. The A350-900, with a range of 15,370 kilometers, is suited for Korean Air’s existing long-haul routes like the Seoul-New York service, the airline said in a press release.
This order is part of a larger fleet renewal initiative by Korean Air. The airline also plans to introduce 50 Airbus A321neos, 10 Boeing 787-9s, 20 Boeing 787-10s, and 30 Boeing 737 MAX 8s.
Facing regulatory headwinds, Korean Air hopes to complete its acquisition of Asiana this year, according to Air Cargo News. “Korean Air will be poised to stand shoulder to shoulder with global leading airlines. The merger will optimise our network and allow us to operate to new destinations, so that we may offer customers more choices,” the carrier’s CEO Walter Cho told employees in January.
Ryan founded AirlineGeeks.com back in February 2013 and has amassed considerable experience in the aviation sector. His work has been featured in several publications and news outlets, including CNN, WJLA, CNET, and Business Insider. During his time in the industry, he's worked in roles pertaining to airport/airline operations while holding a B.S. in Air Transportation Management from Arizona State University along with an MBA. Ryan has experience in several facets of the industry from behind the yoke of a Cessna 172 to interviewing airline industry executives. Ryan works for AirlineGeeks' owner FLYING Media, spearheading coverage in the commercial aviation space.
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