KOREAN Air has finalised a purchase order for 25 airplanes valued at US$5.6 billion at list prices from US aircraft manufacturer, the Boeing Company.
The order includes 10 777-300ERs, five 747-8 freighters, five 777 freighters and five Next-Generation 737s. The deal also contains options for a further eight aircraft, namely four 777-300ERs, two 747-8Fs and two 737-900ERs.
"Introducing the next generation hi-tech airplane is one of the strategies to effect a strengthening of global competitiveness and enhance customer service," said Korean Air chairman Yang-ho Cho.
The 777-300ERs are intended to replace the 747-400 passenger airplanes Korean Air is converting to 747-400 Boeing Converted Freighters (BCF) while the 747-8 freighters and 777 freighters will provide additional air cargo capacity. The 737s will be deployed on domestic and regional routes.
A joint company statement described Korean Air as a "key" 747-400 Freighter operator and an important customer of the 747-400 BCF.
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