Korean Air has agreed to purchase five more Boeing 747-8 Intercontinental passenger jets and six more Boeing 777-300ERs, in a deal which Boeing values at approximately $3.6 billion at current list prices.
Boeing, which announced Korean Air’s forthcoming order on June 18 at the Paris Air Show 2013, says it will work with Korean Air to finalize the transaction. At that time the order will be posted to Boeing’s Orders & Deliveries website.
Korean Air is the only airline in the world to order both the passenger and freighter variations of the Boeing 747-8.
When its June 18 deal is finalized, Korea’s flag carrier will have 10 Boeing 747-8 Intercontinental widebodies on order. The airline has taken delivery to date of three of the seven 747-8 Freighters it ordered.
Korean Air currently operates 90 Boeing passenger jets, including 737NG, 747 and 777 models.
The airline also operates an all-Boeing cargo fleet of 27 Boeing 747-400, 747-8 and 777 Freighters. In February 2012, Korean Air became the first airline in the world to operate both the Boeing 747-8 Freighter and the 777 Freighter.
Korean Air’s Aerospace Division is a key Boeing partner on both the 747-8 and 787 programs, supplying the distinctive raked wing-tips for each model.
Currently operating a fleet of 149 aircraft, Korean Air is one of the world’s top 20 airlines in terms of passengers and cargo carried and operates more than 400 flights per day to 125 cities in 45 countries.
It is a founding member of the SkyTeam alliance, whose 19 members cumulatively offer 552 million annual passengers a worldwide system of more than 15,000 daily flights covering 1,000 destinations in 187 countries.