SOUTH KOREA: Korean deal for B747-8I gives boost to Boeing
Korean Air announced earlier this month that it would purchase five Boeing 747-8 Intercontinental jetliners SOUTH KOREA worth US$1.5 billion at list prices in an important deal for the successor to the classic 747 jumbo jet. The South Korean carrier becomes the second airline after GermanyÃ¢â‚¬™s Lufthansa to order the plane, which has waited almost […]
December 1, 2009
The South Korean carrier becomes the second airline after GermanyÃ¢â‚¬™s Lufthansa to order the plane, which has waited almost three years for a second passsenger-carrying customer. Until now, Boeing had previously sold 27 passenger versions of the 747-8 airplane worth $300 million each at list prices. These include 20 planes for Lufthansa and seven earmarked as specially fitted VIP versions for private individuals or organisations.
Korean Air, the worldÃ¢â‚¬™s largest air cargo carrier has already committed to operate seven 747-8 freighters. Boeing has sold 78 freighter versions of the 747- 8, worth nearly $300 million each.
Korean Air also has 10 B787 Dreamliners on order, as well as 14 wide-body B777s and a handful of single-aisle B737s from Boeing and it has ordered 10 A380s worth US$3.3 billion from BoeingÃ¢â‚¬™sEuropean rival Airbus.