Korean Air finalizes order for 12 Twin-Aisle airplanes

Korean Air and Boeing have finalized an order for five 747-8 Intercontinentals and six 777-300ER (Extended Range) jetliners that was announced as a commitment during the Paris Air Show in June. In addition, Korean Air has also announced an order for one additional 787 Dreamliner. The value of the combined order is valued at $3.9bn at current list prices. With this order Korea’s flag carrier expands its backlog of 747-8 Intercontinentals and 777-300ERs to 10 each. The order also increases Korean Air’s 787 backlog to 11.