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Tuesday, June 18, 2013

Paris: Korean Air to Purchase Boeing 747-8s, 777-300ERs

Korean Air signed an agreement on the second day of the 2013 Paris Air Show to acquire five 747-8 Intercontinental aircraft and six 777-300ERs, a $3.6-billion order at current list prices. 
The new agreement was the first at the air show involving Boeing's $351-million 747-8 Intercontinental, which has seen little interest from airlines. Since entering service in 2012, Boeing has confirmed just 105 orders for its four-engine, 467 passenger capacity 747-8, the majority of which were for the freighter version of the aircraft.
The Korean national carrier also supplies the raked wing-tips for the 747-8 and 787 passenger aircraft. 
Boeing trails Airbus in sales of four-engined aircraft at the Paris Air Show, as the European manufacturer secured an order for 20 of its A380s on Monday. 
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