Boeing has made a significant announcement regarding new aircraft orders, revealing that Japan Airlines and Korean Air have committed to purchasing a total of up to 80 of its 787 Dreamliner and 777 double-aisle planes. This news was shared on Monday, coinciding with the first day of the Farnborough International Airshow, a prominent event in the aviation industry calendar.
Brad McMullen, the head of Boeing’s sales operations, expressed the company’s appreciation for its relationship with Japan Airlines, emphasizing the airline’s choice to continue upgrading its fleet with the 787 Dreamliner. Japan Airlines has ordered 10 Dreamliners, with an option for 10 additional aircraft. Meanwhile, Korean Air has placed an order for 20 Boeing 777-9 models and 20 787-10 planes, also with the option of acquiring an additional 10 787-10s.
This development comes after Airbus had made headway with these airlines, particularly during the fallout concerning Boeing’s 737 Max. Reportedly, in March, Airbus secured an order for 11 A321neo jets from Japan Airlines—their first purchase of a single-aisle aircraft from a manufacturer other than Boeing. All of this amidst challenges faced by Boeing related to production slowdowns for the 737 Max.
Stephanie Pope, head of Boeing’s commercial airplanes division, acknowledged the longstanding relationship with Korean Air, stating that the 777X and 787 Dreamliner would play a crucial role in supporting the airline’s sustainability and growth objectives over the long term.
This new surge in orders reflects Boeing’s commitment to reclaiming its market presence and rebuilding confidence with its partners following recent challenges. It showcases the company’s resilience and determination to maintain its significant role in the aviation industry, which is vital for global travel.
In summary, Boeing’s recent aircraft orders highlight both the recovery of the company and its strong partnerships with major airlines, signaling a positive trajectory moving forward amid previous challenges. There’s hope that this renewal of confidence in Boeing products may also rekindle their competitive edge in the global aviation market.