Korean Air has ordered five Boeing 777-200 Freighters in a deal worth $1.5 billion at list prices.
"We truly value our enduring partnership with Korean Air and we are pleased that they have selected the 777 Freighter to bolster their all-Boeing freighter fleet," says Ihssane Mounir, senior vice-president of northeast Asia sales at Boeing Commercial Airplanes.
"This order further demonstrates Korean Air's commitment to excellence and will help the airline maintain its position as a leading global airline."
Flightglobal's Ascend Fleets database shows that Korean Air operates 26 freighters. The fleet comprises eight 747-400ERFs, nine 747-400Fs, five 747-8Fs, and four 777Fs.
In a stock-exchange filing, the Korean carrier indicated that the five new aircraft would likely replace some of its 747-400Fs, the average age of which is 15 years.
Today's order brings its backlog of freighters to eight aircraft, as it awaits delivery of two additional 747-8Fs and one additional 777F from previous orders.