Korean Air signs $13.7 billion contract with Airbus for 33 A350s







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SEOUL (Reuters) – Korean Air announced on Thursday the order for 33 Airbus A350s in a contract valued at $13.7 billion (12.54 billion euros).

The purchase, the airline’s first in the long-haul category, comes as it prepares to merge with Asiana Airlines.

The South Korean flag carrier, which operates a mixed fleet of Boeing and Airbus aircraft, will acquire 27 A350-1000s and six A350-900s, which Airbus says burn 25 percent less fuel than similar aircraft of previous years. generation.

Korean Air has obtained the green light from 13 of the 14 authorities to approve the merger with the country’s second largest airline, Asiana, for an amount of around $1.4 billion. It now remains to obtain approval from the United States.

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“The acquisition of the next-generation, environmentally friendly A350 is not only part of the airline’s sustainability efforts, but is also seen as preparation for the integration of Asiana” , underlines Korean Air in a press release.

(1 euro = $1.0922)

(Reporting by Jack Kim and Lisa Barrington; French version Dimitri Rhodes, editing by Sophie Louet)











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