Korean Air to add six aircraft in Q4

Source: Flightglobal.com
This story is sourced from Flightglobal.com

Korean Air plans to take delivery of six new aircraft in the fourth quarter of this year.

According to its fleet planning schedule, the carrier will take three Boeing 737-800s, one 777-300ER, one 747-8F and one Airbus A380.

The A380 is scheduled for December and is the last of four aircraft of the type jointly mandated to Crédit Agricole Corporate & Investment Bank and KfW IPEX-Bank through a 12-year Export Credit Agencies loan facility guaranteed by Coface.

Korean Air took delivery of one 737-800 from CIT Aerospace earlier this month and will add another aircraft in December from the operating lessor. It will also receive another 737-800 from ILFC next month.

The 747-8F aircraft is scheduled for delivery later this month. It is financed by JP Morgan as the guaranteed lender on the US Export Import Bank financing facility. The Export Import Bank of Korea is the co-financing export credit agency on the 12-year deal.

The 777-300ER is scheduled for November.