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Monthly Archives: June 2015

Korean Air to Expand Fleet Orders $12 Billion in Aircraft from Airbus and Boeing

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Korean Air to Expand Fleet Orders $12 Billion in Aircraft from Airbus and Boeing

SEOUL, South Korea (June 17, 2015) – Korean Air, South Korea’s flagship carrier, signed MOUs totalling more than $12 billion(current list prices) with Airbus and Boeing for the purchase of more than 100 new aircraft today at the Paris Air show.

According to the MOUs, Korean Air will purchase a total of 50 737 MAX-8 (30 firm, 20 options) and two 777-300ER (Extended Range) jetliners from Boeing.  Korean Air also will add to its fleet 50 A321neo aircraft. (30 firm, 20 options).

The MOUs, valued at approximately $12.2 billion(current list prices) and comprised of 102 aircraft, is by far the largest fleet order made in Korean Air’s and Korean aviation history.

The airline also signed a MOU with Pratt & Whitney to select PurePower PW1100G engines to power the A321neo aircraft.

Present at the ceremony were Yang Ho Cho, Chairman of Hanjin Group, Walter Cho, President and CEO of Hanjin KAL Holdings, Fabrice Brégier, CEO of Airbus, Ray Conner, President and CEO of Boeing Commercial Airplanes, among others.

The aircraft will be delivered gradually starting in 2019 until 2025. Korean Air plans to replace its old B737 fleet and to increase its capacity to address growing demand.

The B737 MAX-8 aircraft that Korean Air will be introducing incorporates the latest technology CFM International LEAP-1B engines, advanced technology winglets and other improvements to deliver high efficiency, reliability and passenger comfort in the single-aisle market. The new aircraft will deliver 20% lower fuel use than the first Next-Gen B737s.

The A321neo aircraft will also bring a step-change reduction in fuel consumption of over 15%, longer range capability and reduced maintenance costs, as well as significantly reduced carbon emissions.

The biggest-ever order in Korean Air’s history will be a stepping stone for the airline’s evolution, and enhance flight safety by replacing older mid-long haul aircraft with newer and more fuel-efficient ones.

Korean Air will also introduce new cutting-edge aircraft such as B747-8i and B787-9 over the next few years and put in its utmost effort to play a role as a leading global carrier.

About Korean Air

Korean Air, established in 1969, is one of the world’s top 20 airlines and carried more than 23 million passengers in 2014. Korean Air operates in excess of 430 flights per day to 129 cities in 46 countries on six continents with a fleet of 159 aircrafts including ten A380s.

With its modern aircraft and over 20,000 professional employees, Korean Air offers customers safety, convenience and comfort. Korean Air’s award-winning offerings of Korean and Western meals and state-of-the-art inflight entertainment system provide passengers with a memorable inflight experience.

The airline is a founding member of the Sky Team airline alliance which together with its 20 members, offers its 612 million annual passengers a worldwide system of more than 16,320 daily flights covering 1,052 destinations in 177 countries.

Korean Air introduced the double-decker A380 aircraft to its fleet in 2011 and made the interior more spacious than any other airline, with just 407 seats spread across three classes, with the top deck dedicated to ‘Prestige’ business class. The design also features the world’s first onboard ‘Duty Free Showcase’ and three bar lounges.

More on Korean Air’s programmes, routes, frequencies and partners is available at http://www.koreanair.com .

Korean Air to codeshare with GOL

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Korean Air to codeshare with GOL

SEOUL, South Korea (June 2, 2015) –  Korean air, the flagship carrier of South Korea, has announced a new codeshare agreement with GOL Linhas Aéreas Inteligentes under the condition of Brazil government approval. The codeshare agreement will start from June 11th offering greater convenience and choice to passengers travelling through Sao Paulo to 16 other cities within Brazil such as Rio de Janeiro, Brasilia or Manaus.

Korean Air currently operates an A330 aircraft from Incheon South Korea, to Sao Paulo Brazil three times a week. The flight departs every Monday, Wednesday and Friday from Incheon and every Tuesday, Thursday and Saturday from Sao Paulo.

A codeshare is an aviation business partnership through which a flight operated by one airline, is jointly marketed by one or more other airlines. The purpose of a code share is to make air travel easier, by allowing passengers to travel across the networks of multiple airlines with a single reservation, in order to reach their final destination.

Korean Air currently has code share partnerships with 33 airlines on 219 routes worldwide, including Air France, AeroMéxico and China Southern Airlines. Korean Air will continue to expand opportunities for codeshare partnerships to provide the most convenient schedules for its passengers.

About Korean Air

Korean Air, established in 1969, is one of the world’s top 20 airlines and carried more than 23 million passengers in 2014. Korean Air operates in excess of 430 flights per day to 127 cities in 45 countries on six continents with a fleet of 158 aircrafts including ten A380s.

With its modern aircraft and over 20,000 professional employees, Korean Air offers customers safety, convenience and comfort. Korean Air’s award-winning offerings of Korean and Western meals and state-of-the-art inflight entertainment system provide passengers with a memorable inflight experience.

The airline is a founding member of the Sky Team airline alliance which together with its 20 members, offers its 612 million annual passengers a worldwide system of more than 16,320 daily flights covering 1,052 destinations in 177 countries.

Korean Air introduced the double-decker A380 aircraft to its fleet in 2011 and made the interior more spacious than any other airline, with just 407 seats spread across three classes, with the top deck dedicated to ‘Prestige’ business class. The design also features the world’s first onboard ‘Duty Free Showcase’ and three bar lounges.

More on Korean Air’s programmes, routes, frequencies and partners is available at www.koreanair.com.

 

About GOL Linhas Aéreas Inteligentes

GOL Linhas Aéreas Inteligentes S.A., the largest low-cost and best-fare airline in Latin America offering, has around 910 daily flights to 72 destinations, 16 of which international in South America, the Caribbean and the United States, using a young, modern fleet of Boeing 737-700 and 737-800 Next Generation aircraft, the safest , most efficient and most economical of their type. The SMILES loyalty program allows members to accumulate miles and redeem tickets to more than 700 locations around the world via flights with foreign partner airlines. The Company also operates Gollog, a logistics service which retrieves and delivers cargo and packages to and from more than 3,500 cities in Brazil and 8 abroad. With its portfolio of innovative products and services, GOL Linhas Aéreas Inteligentes offers the best cost-benefit ratio in the market.

Para mais informações acessewww.voegol.com.br

Korean Air Expands Codeshare Agreements With Skyteam Partners Air France And Alitalia

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Korean Air Expands Codeshare Agreements With Skyteam Partners Air France And Alitalia

Seoul, Korea (1 June, 2015) – Korean Air has announced that the existing codeshare agreements it has with fellow SkyTeam members Air France and Alitalia will be expanded.

As from 1st June 2015, the Air France codeshare agreement will be expanded to include two French domestic destinations and eight international destinations.  The Korean Air flight code KE will be available on Air France flights to French cities Lyon and Toulouse and also Barcelona, Madrid, Geneva, Berlin, Dusseldorf, Munich, Stuttgart and Casablanca.  It will also double the frequencies on its existing codeshare routes between Paris-Nice and Paris-Marseille from seven weekly to 14 weekly.

In addition, commencing June 4th, Korean Air will expand its codeshare agreement with Alitalia. Under the agreement, Korean Air will codeshare on flights newly operated by Alitalia between Rome and Incheon, doubling the frequency on the route from three a week to six.  Alitalia will continue to codeshare on Korean Air operated flights between Incheon-Rome and Incheon-Milan.

Korean Air will also codeshare on Alitalia operated flights from Rome to three domestic destinations – Milan, Venice and Bologna, as well as seven international destinations – Athens, Barcelona, Madrid, Munich, Budapest, Cairo and Casablanca.

As a result of expanded codeshare agreements between SkyTeam partners, passengers are provided with seamless travel to worldwide destinations. The agreement also enables members of Korean Air’s frequent flyer program, Skypass, to earn mileage on all codeshare flights.

Korean Air currently has codeshare partnerships with 33 airlines on 198 routes worldwide, including SkyTeam Partners such as Air France and Alitalia. Korean Air will continue to expand opportunities for codeshare partnerships to provide the most convenient schedules for its passengers.

About Korean Air

Korean Air, established in 1969, is one of the world’s top 20 airlines and carried more than 23 million passengers in 2014. Korean Air operates in excess of 430 flights per day to 127 cities in 45 countries on six continents with a fleet of 158 aircrafts including ten A380s.

With its modern aircraft and over 20,000 professional employees, Korean Air offers customers safety, convenience and comfort. Korean Air’s award-winning offerings of Korean and Western meals and state-of-the-art inflight entertainment system provide passengers with a memorable inflight experience.

The airline is a founding member of the Sky Team airline alliance which together with its 20 members, offers its 612 million annual passengers a worldwide system of more than 16,320 daily flights covering 1,052 destinations in 177 countries.

 Korean Air introduced the double-decker A380 aircraft to its fleet in 2011 and made the interior more spacious than any other airline, with just 407 seats spread across three classes, with the top deck dedicated to ‘Prestige’ business class. The design also features the world’s first onboard ‘Duty Free Showcase’ and three bar lounges.

 More on Korean Air’s programmes, routes, frequencies and partners is available at www.koreanair.com.