Boeing, Korean Air Lines Finalize Order for Nine 777-200ERs

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Boeing, Korean Air Lines Finalize Order for Nine 777-200ERs

    SEATTLE, Dec. 22 /PRNewswire-FirstCall/ -- The Boeing Company (NYSE: BA)
today confirmed that Korean Air Lines (KAL) -- the national carrier of South
Korea -- signed a definitive agreement to purchase nine Boeing 777-200ER
(Extended Range) jetliners.  This order is worth approximately $1.5 billion
based on average listed price.
    This agreement brings Boeing Commercial Airplanes' 2003 order total to 234
airplanes and doubles KAL's existing fleet of 777-200ER airplanes.  Delivery
of the airplanes, to be powered by Pratt & Whitney PW4090 engines, will begin
in 2005.
    "Korean Air's decision to enhance its fleet with the 777-200ER
demonstrates the airline's foresight and leadership in the aviation industry,"
said Larry Dickenson, senior vice president -- Sales, Boeing Commercial
Airplanes.  "The world economy is gaining momentum and, as the travel industry
rebounds, passengers want to fly to their destinations in the shortest time
and with utmost comfort.  With the 777-200ER, Korean Air will provide these
amenities to its passengers, while reducing operating costs."
    The 777-200ER seats up to 301 passengers in a spacious three-class
configuration and can fly non-stop from Seoul to the Americas and Europe, as
well as throughout Asia.  In addition, the 777 family is the most
technologically advanced airplane in the industry with unmatched economics.
    Korean Air has operated 777s since 1997. In addition to the nine
777-200ERs it already has, the airline operates four 777-300s. Next year,
Korean Air will use 777s to inaugurate new nonstop service from Seoul to
Seattle.
    Korean Air -- a member of the SkyTeam Airline Alliance -- flies to 84
cities in 29 countries.  With a fleet of 119 airplanes -- 100 passengers and
19 freighters -- Korean Air is one Asia's largest airlines.

SOURCE Boeing Co.

http://www.boeing.com
CONTACT:
T. May Kulthol, +1-206-766-2033,
thanaporn.m.kulthol@boeing.com, or Marc Birtel, +1-425-294-6105,
or marc.r.birtel@boeing.com, both of Boeing Co.
NOTE TO EDITORS: Photo and caption are available with this
release on http://boeingmedia.com