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Korean Air announces commitment to purchase five 747-8s and six 777-300ERs

19-Jun-2013 7:39 AM

Korean Air and Boeing announced (18-Jun-2013) that the airline has agreed to purchase five 747-8s and six 777-300ERs, valued at approximately USD3.6 billion at current list prices. Boeing will work with Korean Air to finalise the order, at which time the order will be posted to Boeing's Orders & Deliveries website. The 747-8I is powered with GEnx-2B engines and the 777-300ERs with GE90-115B engines. When the engine order is finalised, the list price of the engines will be valued at more than USD800 million. Korean Air is the only airline in the world to order both the passenger and freighter variations of the 747-8. When this order is finalised, the carrier will have 10 747-8s on order. The airline has taken delivery of three of its seven 747-8Fs on order. Korean Air currently operates a fleet of 90 Boeing passenger aircraft that consist of 737, 747 and 777 aircraft. The airline also operates an all-Boeing cargo fleet of 27 747-400, 747-8 and 777 Freighters. In Feb-2012, Korean Air became the first airline in the world to operate both the 747-8F and 777Fs. [more - original PR - Boeing] [more - original PR - GE]