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Korean Air milestone deal: 33 Airbus A350s to revolutionize fleet

Friday, March 22, 2024

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Korean Air is set to finalize a contract with Airbus for the acquisition of 33 cutting-edge A350 family aircraft. This comprehensive agreement comprises 27 A350-1000s and six A350-900s, totaling a substantial value of USD 13.7 billion.

Korean Air is set to finalize a contract with Airbus for the acquisition of 33 cutting-edge A350 family aircraft. This comprehensive agreement comprises 27 A350-1000s and six A350-900s, totaling a substantial value of USD 13.7 billion.

This procurement aligns with the airline’s strategic vision for its long-term fleet management, aimed at gradually phasing out older aircraft. The selection of the next-generation, environmentally conscious A350 not only underscores Korean Air’s commitment to sustainability but also serves as groundwork for the integration of Asiana Airlines.

The A350-1000, the largest member of the A350 series, boasts a capacity ranging from 350 to 410 passengers in a standard three-class configuration. Leveraging advanced composite materials, this aircraft achieves remarkable reductions in fuel consumption and carbon emissions, up to 25% compared to previous generation models of similar size.

With an unparalleled flight range among current passenger aircraft, the A350-1000 can cover distances of up to 16,000km with a full payload.

In contrast, the A350-900 variant, slightly shorter by approximately 7 meters than its counterpart, offers a range of 15,370km and typically accommodates 300-350 passengers across three classes. Korean Air intends to deploy this model primarily on its extensive long-haul routes, such as Seoul Incheon-New York, where the airline presently operates two daily flights.

Alongside the procurement of the 33 A350s, Korean Air is also planning to introduce a fleet comprising 50 Airbus A321neos, 10 Boeing 787-9s, 20 Boeing 787-10s, and 30 Boeing 737-8s. This strategic move underscores the airline’s ongoing commitment to modernizing its fleet and reducing carbon emissions through the utilization of new aircraft and other sustainability initiatives.

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