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    AIR   NL0000235190

AIRBUS SE

(AIR)
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Airbus : Korean Air becomes new operator of A321neo

11/30/2022 | 04:28am EST

Seoul, 30 November 2022 - Korean Air has become a new operator of the best-selling A320 Family, following the recent delivery of the first of 30 aircraft on order with Airbus. Korean Air's A321neo features the new Airbus Airspace cabin, bringing premium widebody features to the single aisle market.

KAL's A321neo aircraft are powered by Pratt & Whitney GTF™ engines. The A321neo brings a 25% reduction in fuel consumption and emissions per seat compared with previous generation competing aircraft.

This enables Korean Air to benefit from enhanced efficiency and be able to deliver on its sustainability objectives, whilst reducing operating costs.

Korean Air becomes the first airline in Asia to take delivery of an A321neo with the complete Airspace cabin. This features new lighting and ambiance systems, larger overhead bins and full connectivity throughout, giving passengers the highest levels of in-flight comfort. The Airspace cabin also offers hygienic space and antimicrobial surfaces in all lavatories.

For its A321neo fleet, Korean Air has specified a high comfort two-class layout, with eight full-flat seats in Business Class and 174 in Economy.

KAL is Airbus' longest standing customer from outside Europe having placed its first order in 1974. The airline's fleet currently includes 50 Airbus aircraft, comprising the A220, A330 and A380. In the single aisle segment, the A321neo will complement the A220 fleet at the airline enabling maximum operational flexibility.

At the end of October 2022, the A320neo Family had received over 8,500 orders from over 130 customers worldwide.

Your contact

Aaron Chong

Communications - Airbus Asia-Pacific

Phone: +65 9387 3886
aaron.chong@airbus.com

Justin Dubon

External Communications - Airbus

Phone: +33674974951
justin.dubon@airbus.com
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Airbus SE published this content on 30 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 November 2022 09:23:17 UTC.


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Sales 2022 58 349 M 63 319 M 63 319 M
Net income 2022 3 891 M 4 222 M 4 222 M
Net cash 2022 9 130 M 9 908 M 9 908 M
P/E ratio 2022 23,6x
Yield 2022 1,49%
Capitalization 92 231 M 100 B 100 B
EV / Sales 2022 1,42x
EV / Sales 2023 1,24x
Nbr of Employees 131 615
Free-Float 74,1%
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RenÚ Richard Obermann Chairman
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Alberto Jose Gutierrez Moreno Chief Operating Officer
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