Boeing has announced significant orders for its 787 Dreamliner and 777 aircraft, securing commitments for up to 80 planes from Japan Airlines and Korean Air. This update, shared on Monday, signals Boeing’s intention to reclaim market share lost to its competitor Airbus following a challenging period stemming from an incident involving the 737 Max.
Boeing’s sales operations chief, Brad McMullen, expressed satisfaction with Japan Airlines’ decision to choose the 787 Dreamliner as part of their fleet modernization efforts. Japan Airlines has ordered 10 Dreamliners with an option for an additional 10, while Korean Air has committed to 20 units of the 777-9 and 20 of the 787-10, also with options for more.
This development comes during the opening day of the Farnborough International Airshow, a key event in the aerospace industry. The partnerships with these airlines are crucial for Boeing, especially considering recent reports of Airbus securing orders from both Japan Airlines and Korean Air for other aircraft types, which marked a rare shift for both carriers towards Airbus.
Stephanie Pope, head of Boeing’s commercial airplanes division, acknowledged the loyalty of Korean Air and highlighted the importance of Boeing aircraft in the airline’s operations over the past five decades. She emphasized that the 777X and 787 Dreamliner will bolster the airline’s strategies for sustainability and growth in the long term.