Boeing recently secured orders for 40 wide-body jetliners from Korean Air, which includes the 777X jetliner. This comes as a significant vote of confidence for the struggling aircraft manufacturer. The order, which was unveiled at the Farnborough Airshow outside of London, consists of 20 777X planes and 20 787-10 Dreamliner planes. It is important to note that the 777X is the largest in Boeing’s commercial jet lineup, highlighting Korean Air’s commitment to Boeing’s products.
Korean Air CEO, Walter Cho, expressed his optimism regarding the delivery schedule of the planes. While the 777X has faced delays, the recent certification flight tests with the Federal Aviation Administration mark a significant milestone for the program. It is crucial to acknowledge that Boeing has been grappling with production delays, supply chain issues, and safety concerns, especially after incidents like the door plug blow out on the 737 Max.
Despite the challenges faced by Boeing, Cho reiterated his confidence in the company’s ability to overcome its current obstacles. He stated, “If I wasn’t assured, I would not have ordered it. I know Boeing will pull through whatever it is they’re going through right now, and I have full confidence in Boeing.” This reassurance indicates the strong partnership between Korean Air and Boeing, emphasizing their commitment to working together toward success.
It is worth mentioning that Korean Air also ordered competing Airbus A350-1000 aircraft earlier this year. Cho mentioned that the aircraft that arrives first will become the airline’s flagship. This strategic move demonstrates Korean Air’s readiness to adapt to market demands and maintain a competitive edge in the industry.
Korean Air’s orders for Boeing’s wide-body jetliners serve as a significant endorsement of the manufacturer’s products. Despite the challenges faced by Boeing, this vote of confidence from Korean Air highlights the resilience and determination of both companies to navigate through turbulent times. The future looks promising, with a strong partnership between Korean Air and Boeing paving the way for continued success in the aerospace industry.
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