A large aircraft order has been received by Boeing as a South Korean airline seeks to expand its short and mid-haul flight coverage. South Korea’s biggest budget airline, Jeju Air, could now emerge in the international scene, with the $363 million (£185 million) deal ensuring it five new 737-800 planes from the Seattle-based manufacturer.
The aeroplane purchase takes the airline’s fleet to nine, while ten more will be leased by 2013 – suggesting ambitious expansion plans in its regional flights. The fast expanding airline, launched in 2006, currently operates only domestic flights, but is now expected to be given approval for international services starting in the second half of 2008.
Ko Young-sub, Jeju Air’s chief executive, said: "We decided to use B737-800, which is currently the most popular model out of the B737 series, to expand our international routes and transportation capacity."
The Boeing deal will grant the carrier service support, including education and technology development services, which could help Jeju to expand more rapidly.