Boeing has announced new significant orders for its flagship aircraft, the 787 Dreamliner and the 777 double-aisle planes, totaling up to 80 units, from Japan Airlines and Korean Air. This announcement was made on Monday, coinciding with the start of the Farnborough International Airshow, an important event for the aviation industry.
Japan Airlines is set to acquire 10 Dreamliners, with an option for an additional 10, while Korean Air has ordered 20 units of the 777-9 and 20 of the 787-10, also with an option for 10 more 787-10s. This surge in orders highlights Boeing’s resilience and ability to reclaim its position amidst competition from Airbus, particularly after a challenging period highlighted by the fallout from the 737 Max issues earlier this year.
Brad McMullen, head of Boeing’s sales operations, expressed appreciation for the long-term partnership with Japan Airlines, stating their commitment to continue modernizing the airline’s fleet with the Dreamliner. Similarly, Stephanie Pope, leading Boeing’s commercial division, conveyed their honor at being selected by Korean Air, noting the significance of Boeing airplanes in the airline’s operations over the last 50 years.
These orders come after reports earlier this year that suggested Airbus had successfully made inroads with both Japan Airlines and Korean Air, marking a shift as they acquired single-aisle and wide-body planes from the competitor. However, Boeing’s latest deals reflect a robust comeback and an ongoing commitment to supporting the sustainability and growth goals of its airline partners.
In summary, Boeing’s recent orders from major Asian carriers signify a positive turn for the company, showcasing its ongoing collaboration with key partners and emphasizing its large aircraft’s efficiency and sustainability as essential factors in fleet modernization. This is a hopeful indication that Boeing is regaining momentum in a competitive market, paving the way for future growth.