• Deal can reach up to 52 Boeing airplanes if options are exercised

Seattle, WA | November 5, 2015– Boeing [NYSE: BA] and Korean Air today finalized the airline’s order of 30 737 MAXs and two additional 777-300ER (Extended Range) jetliners valued at nearly $4 billion at current list prices. The airline also has options for additional 737 MAXs as part of the order, which was previously announced as a commitment during the Paris Air Show in June.

With this order for up to 52 Boeing airplanes, Korean Air becomes Boeing’s newest 737 MAX customer and now has 62 firm Boeing airplane orders on backlog.

“Korean Air is a valued Boeing customer and today’s order is the culmination of our longstanding partnership that spans over four decades,” said Boeing Commercial Airplanes President and CEO Ray Conner. “Korean Air has been a pioneer in Asia’s commercial aviation industry and today, we are truly honored to welcome Korean into the new 737 MAX family. I am confident these new airplanes will play an important role in Korean Air’s fleet modernization program for many years to come.”

As part of this order for 737 MAX airplanes, Korean Air also adds another two 777-300ERs as it continues to modernize its long-haul widebody fleet.

Korean Air currently operates a fleet of 91 Boeing passenger airplanes that consist of 737, 747 and 777 models. The airline also operates an all-Boeing cargo fleet of 28 747-400, 747-8 and 777 Freighters.

Korean Air’s Aerospace Division is a key Boeing partner on both the 747-8 and 787 programs, supplying the distinctive raked wing-tips for each model. They are also one of two suppliers producing the new 737 MAX Advanced Technology (AT) Winglet.

The 737 MAX incorporates the latest technology CFM International LEAP-1B engines, Advanced Technology winglets and other improvements to deliver the highest efficiency, reliability and passenger comfort in the single-aisle market. Beginning in 2017, the new single-aisle airplane will deliver 20 percent lower fuel use than the first Next-Generation 737s and the lowest operating costs in its class – 8 percent per seat less than its nearest competitor. With broad market acceptance, the 737 MAX has 2,929 orders from 60 customers worldwide.

The 777-300ER is one of the most fuel and cost-efficient airplanes in its class as well as the most reliable twin-aisle aircraft in the world. It also has the highest cargo capability of any passenger airplane in service. The 777-300ER will receive further improvements in 2016 designed to reduce fuel use by 2 percent. The flagship of the world’s elite airlines, the 777-300ER carries 396 passengers in a standard two-class configuration up to 7,370 nautical miles (13,650 kilometers), on non-stop routes. Korean Air has configured its 777-300ER with a seating capacity of 277 passengers in a three-class configuration.

Korean Air, with a fleet of 166 aircraft, is one of the world’s top 20 airlines, and operates more than 430 flights per day to 128 cities in 45 countries. It is a founding member of the SkyTeam alliance, which together with its 20 members, offers its 612 million annual passengers a worldwide system of more than 16,000 daily flights covering 1,052 destinations in 177 countries.

• Korean Air becomes the world’s first carrier to operate both types of the 747-8

Everett, WA | August 25, 2015– Boeing [NYSE: BA] and Korean Air today marked the delivery of the airline’s first 747-8 Intercontinental. The new fuel-efficient jet is the first of 10 747-8 passenger airplanes the carrier has on order.

“This new aircraft delivers better fuel economy,” said Walter Cho, Executive Vice President and Chief Marketing Officer, Korean Air. “That is important to a global airline such as ours. And it supports our goal to build and operate a first-class fleet of world-class aircraft.”

With this delivery, Korean Air becomes the first airline in the world to operate both the passenger and freighter versions of the 747-8. Korean Air currently operates seven 747-8 Freighters.

“Korean Air has been a valued Boeing customer for more than 40 years and we are honored to celebrate yet another milestone delivery together with their first 747-8 Intercontinental,” said Ray Conner, president and CEO of Boeing Commercial Airplanes. “As one of the few airlines that have operated almost all models of the 747 family, we are excited that Korean Air is extending the tradition with our newest 747-8 Intercontinental. I am confident that the 747-8 will continue to play an important role in Korean Air’s long-term success.”

Korea’s flag carrier currently operates a fleet of 87 Boeing passenger airplanes that includes 737, 747 and 777s. The airline also operates an all-Boeing cargo fleet of 28 747-400, 747-8 and 777 Freighters.

With a range of 7,730 nautical miles (14,310 km), the 747-8 Intercontinental offers 16 percent savings in fuel consumption and emissions over its predecessor, the 747-400, while generating 30 percent less noise. The airplane also features an all-new, 787 Dreamliner-inspired interior that includes a new curved, upswept architecture giving passengers a greater feeling of space and comfort.

Korean Air’s jet is configured with 368 seats and features the brand new First Class Kosmo Suite 2.0, which include a sliding door and higher partitions to provide added privacy for passengers. The suites are also equipped with updated in-flight entertainment systems, with large 24-inch high-definition monitors and new handheld touch remotes.

The airline’s Business Class Prestige Suites will feature staggered seating and privacy panels, along with 18-inch high definition touch screens.

Korean Air’s Aerospace Division is a key Boeing partner on both the 747-8 and 787 programs, supplying the distinctive raked wing-tips for each model. They are also one of two suppliers producing the new 737 MAX Advanced Technology (AT) Winglet.

Korean Air, with a fleet of 161 aircraft, is one of the world’s top 20 airlines, and operates more than 430 flights per day to 128 cities in 45 countries. It is a founding member of the SkyTeam alliance, which together with its 20 members, offers its 612 million annual passengers a worldwide system of more than 16,000 daily flights covering 1,052 destinations in 177 countries.

Seattle, WA | February 12, 2015– Boeing [NYSE: BA] and Korean Air today finalized an order for five 777 Freighters. The order, valued at more than $1.5 billion at current list prices, will add further efficiency and reliability to Korean Air’s all-Boeing freighter fleet.

As one of the world’s largest cargo airlines, Korean Air currently operates an all-Boeing freighter fleet of 26 airplanes that includes 17 747-400 Freighters, five 747-8 Freighters and four 777 Freighters.

“We truly value our enduring partnership with Korean Air and we are pleased that they have selected the 777 Freighter to bolster their all-Boeing Freighter fleet,” said Ihssane Mounir, senior vice president of NE Asia Sales, Boeing Commercial Airplanes. “This order further demonstrates Korean Air’s commitment to excellence and will help the airline maintain its position as a leading global airline.”

Korea’s flag carrier currently operates 86 Boeing passenger airplanes and has unfilled orders for nearly 40 additional airplanes, including 12 777-300ERs, 10 747-8 Intercontinentals, 10 787-9 Dreamliners, two 747-8 Freighters and six 777 Freighters.

The 777 Freighter is the world’s longest range twin-engine freighter, capable of flying 4,900 nautical miles (9,070 kilometers) with a full payload at general cargo market densities. The airplane’s range capability translates into significant savings for cargo operators: fewer stops and associated landing fees, less congestion at transfer hubs, lower cargo handling costs and shorter cargo delivery times.

According to the Boeing World Air Cargo Forecast, global air freight traffic is forecast to grow at an annual rate of 4.7 percent, doubling the cargo traffic over the next 20 years.

Boeing is the undisputed air cargo market leader, providing over 90 percent of the total worldwide dedicated freighter capacity.

– Commitment includes five 747-8 Intercontinentals and six 777-300ERs

Le Bourget, France | June 18, 2013– Boeing (NYSE: BA) and Korean Air today announced that the airline has agreed to purchase five 747-8 Intercontinental airplanes and six 777-300ER (Extended Range) jetliners, valued at approximately $3.6 billion at current list prices. Boeing will work with Korean Air to finalize the order, at which time the order will be posted to Boeing’s Orders & Deliveries website.

“Korean Air is a valued Boeing customer and their commitment to add more Boeing twin-aisle airplanes to their fleet demonstrates our strong partnership,” said Boeing Commercial Airplanes President and CEO Ray Conner. “Korean Air has steadily built its reputation as an early adopter of new technology and innovation and Boeing airplanes have played an instrumental role in that strategy.”

Korean Air is the only airline in the world to order both the passenger and freighter variations of the 747-8. When today’s order is finalized, Korea’s flag carrier will have 10 747-8 Intercontinental airplanes on order. The airline has taken delivery of three of its seven 747-8 Freighters on order.

Korean Air currently operates a fleet of 90 Boeing passenger airplanes that consist of 737, 747 and 777 airplanes. The airline also operates an all-Boeing cargo fleet of 27 747-400, 747-8 and 777 Freighters. In February 2012, Korean Air became the first airline in the world to operate both the 747-8 and 777 Freighters.

“Boeing shares a unique relationship with Korean Air—both as a customer and a supplier for Boeing,” said Conner. “Our partnership is built upon trust and is multifaceted, which brings us closer on many levels.”

Korean Air’s Aerospace Division is a key Boeing partner on both the 747-8 and 787 programs, supplying the distinctive raked wing-tips for each model.

Neuilly sur Seine, 7 April 2009 – Thales, a leader in In-Flight Entertainment systems, is pleased to announce that Korean Air chose Thales’s TopSeries In-Flight Entertainment system for six of its recently purchased Airbus A330-200 aircraft. This order follows the airline‘s original commitment for the TopSeries system on 10 B787, 35 B777 and 19 A330 aircraft. Consistent across the fleet, passengers will enjoy large screen displays, and in-seat features including a slim line passenger control unit, USB port for personal electronic connectivity and in-seat power for laptops. System functions are comprehensive and include a small map display on the passenger control device, 3-D games, live landscape cameras and daily news.

“Thales’s IFE system provides the commonality we require for our aircraft. We are impressed with both the system capability and Thales’s commitment to the program,” said Mr. S K Lee, Managing Vice President of Procurement for Korean Air. The TopSeries system for all of the airline’s aircraft is based on Thales’s next generation 3-D technology, which provides more powerful performance and efficiency. First aircraft deliveries will take place in May 2009. “Korean Air is a prominent customer for Thales in the Asia Pacific region. Our relationship is strong and we look forward to working with their organisation for years to come,” said Alan Pellegrini, Vice President and General Manager of Thales’s In-Flight Entertainment systems business.

About Thales’s IFE systems

Thales entered the In-Flight Entertainment business in the late 90s and today employs 700+ dedicated professionals with decades of IFE experience. Its IFE headquarter office is located in California with regional offices in France, China and Singapore. Thales is the fastest growing IFE supplier with over 1,000 aircraft commitments in just 5 years. Thales offers a comprehensive In-Flight Entertainment solution covering four main areas:

• TopSeries In-Flight Entertainment systems
• TopConnect Suite of Connectivity Solutions
• TopEffects Digital Media and Services
• TopServices Global Service and Support

For more information about Thales’s In-Flight Entertainment systems visit www.thales-ifs.com.

About Thales

Thales is a leading international electronics and systems group, addressing Aerospace and Space, Defence and Security markets worldwide. The Group’s civil and military businesses develop in parallel and share a common base of technologies to serve a single objective: the security of people, property and nations. Thales’s leading-edge technology is supported by 22,500 R&D engineers who offer a capability unmatched in Europe to develop and deploy field-proven mission-critical information systems. The Group builds its growth on its unique multidomestic strategy based on trusted partnerships with national customers and market players, while leveraging its global expertise to support local technology and industrial development. Thales employs 68,000 people in 50 countries with 2008 revenues of €12.7 billion.