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BOEING COMPANY (THE)

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Boeing : Korean Air receives 200th Boeing aircraft

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05/23/2019 | 01:27am EDT

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Korean Air received delivery of its 25th B777-300ER on May 14, the 200th Boeing aircraft the airline has received since 1971. The first Boeing aircraft Korean Air received delivery of was the B707-3B5C. Out of the 200 aircraft from Boeing over 48 years, Korean Air currently operates a total of 119 on both international and domestic routes as part of its passenger and cargo fleets. The new aircraft was first operated on the Incheon-Fukuoka route, and will primarily fly to San Francisco, Osaka, Hanoi and other international destinations along with the 24 other B777-300ERs. The latest B777-300ER will have a special livery to show that it’s the 200th plane from Boeing. Korean Air first introduced the B777-300ER into service in 2009. With a seat capacity of 291, B777-300ER is an eco-friendly aircraft with 26% fewer carbon dioxide emissions compared to its predecessor, and it emits less noise. Passengers can enjoy a comfortable cabin atmosphere created by LED colored lighting. Korean Air connects 124 cities in 44 countries with 119 and 49 aircraft manufactured by Boeing and Airbus respectively.

(c) Mice Middle East 2019 Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ($)
Sales 2019 101 B
EBIT 2019 11 272 M
Net income 2019 9 805 M
Debt 2019 5 898 M
Yield 2019 2,16%
P/E ratio 2019 21,86
P/E ratio 2020 15,14
EV / Sales 2019 2,11x
EV / Sales 2020 1,76x
Capitalization 207 B
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Mean consensus OUTPERFORM
Number of Analysts 25
Average target price 421 $
Spread / Average Target 14%
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NameTitle
Dennis A. Muilenburg Chairman, President & Chief Executive Officer
Jenette E. Ramos Senior Vice President-Supply Chain & Operations
Gregory D. Smith CFO, EVP-Corporate Development & Strategy
Theodore Colbert Chief Information Officer & SVP-Data Analytics
Gregory L. Hyslop CTO, Senior VP-Engineering, Test & Technology
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