Korean Air and Japan Airlines placed orders for about sixty Airbuses this Thursday, March 21. Together, the two Asian airlines purchased 54 examples of the wide-body A350 and 11 A321neo. Total transaction amount: $20 billion.
Business is booming for Airbus. Fifteen days after American Airlines’ mega order (85 A321neo), Korean Air (KAL) has ordered just 33 A350s and Japan Airlines (JAL) 32 aircraft.
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In detail, South Korea’s national airline has placed orders for 27 A350-1000s and 6 A350-900s. At the European manufacturer’s latest known list prices (2018), the transaction is worth about $12 billion. The Seoul-based company is looking to strengthen its fleet in view of its merger with Asiana Airlines, which is expected to take effect by the end of the year.
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For its part, the Tokyo-based Japanese national airline has just signed a contract for 21 A350-900s and 11 A321neos. Its amount is estimated to be around 8 billion dollars. Japan Airlines also ordered 10 Boeing 787-9s for about $3 billion.
Delayed delivery…
The delivery of the devices to the Japanese company is expected to be spread over six years, starting from 2027-2028. One of the 21 A350-900 aircraft, however, should be delivered from the 2025-2026 fiscal year, the aircraft JAL lost in a ground collision at Tokyo-Haneda Airport in early January.
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