{"id":166837,"date":"2024-07-12T12:00:01","date_gmt":"2024-07-12T12:00:01","guid":{"rendered":"https:\/?p=166837"},"modified":"2024-07-12T20:10:16","modified_gmt":"2024-07-12T20:10:16","slug":"boeing-nearing-deal-to-sell-777x-jets-to-korean-air","status":"publish","type":"post","link":"https:\/\/aviacionaldia.com\/en\/2024\/07\/boeing-nearing-deal-to-sell-777x-jets-to-korean-air.html","title":{"rendered":"Boeing nearing deal to sell 777X jets to Korean Air"},"content":{"rendered":"\n

Boeing<\/strong> is nearing a potential sale of some two dozen 777X <\/strong>jets to Korean Air <\/strong>in a roughly $4 billion to $6 billion deal that could be finalised as early as July’s Farnborough Airshow, industry sources said.<\/p>\n\n\n\n

South Korea’s largest carrier has been in talks over a potential return to its traditional supplier of long-haul aircraft for months after placing a surprise order for 33 A350 jets from Airbus.<\/p>\n\n\n\n

The sources said the potential new order could involve as many as 20 to 30 of the 777X aircraft, which are worth some $198 million each after typical market discounts, according to estimated delivery prices from Cirium Ascend, Reuters<\/a> reported.<\/p>\n\n\n\n

“We are discussing with manufacturers but nothing has been confirmed yet,” an airline spokesperson said.<\/p>\n\n\n\n

\u2192 FAA orders inspection of 2,600 Boeing 737s over oxygen mask issue<\/a><\/em><\/strong><\/p>\n\n\n\n

The fleet review comes as Korean plans to purchase nearly two-thirds of smaller domestic rival Asiana for about $1.4 billion. The European Union approved the tie-up in February and the airline has indicated it expects U.S. approval by the end of October.<\/p>\n\n\n\n

Asked in April about Boeing’s ongoing corporate crisis, Korean Air Chairman Walter Cho told CNBC that Korean was a “satisfied customer of their 777s and that’s what I’m looking at right now”.<\/p>\n\n\n\n

In June, Cho told Bloomberg News the airline was weighing a choice between the smaller Boeing 787 or more A350s. Since then, talk of a potential Boeing deal once again has focused mainly on the 777X, industry sources said.<\/p>\n\n\n\n

The 777X is the industry’s largest twin-engined jet with around 400 seats but its entry into service has been delayed by five years due to problems including certification delays.<\/p>\n\n\n\n

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