Korean Air will add 30 new Boeing 787 Dreamliner airplanes to its fleet, with a commitment to purchase 10 new 787-10s and 10 additional 787-9 airplanes valued at $6.3 billion.
As part of this agreement, Korean Air will also lease 10 787-10s from ALC.
"As we continue to innovate our product offering, the 787 Dreamliner family will become the backbone of our long-haul fleet for many years to come," said Walter Cho, chairman of Korean Air. "In addition to 25% improved fuel efficiency, the stretched 787-10 offers around 15% more space for passengers and cargo than our 787-9s, which will be critical to our long-term business goals."
With this order, Korea's flag carrier will quadruple its 787 fleet to 40 airplanes as it looks to strengthen its long-haul fleet.
Korean Air operates a fleet of 96 Boeing passenger airplanes, including the next-generation 737, 747, 777 and 787 airplanes. The airline also operates an all-Boeing cargo fleet with the 747-400, 747-8 and 777 Freighters.