Korean Air has finalized an order for five
Boeing 777 Freighters.
The order is valued at more than US$1.5 billion
at current list prices.
As one of the world's largest cargo airlines,
Korean Air currently operates an all-Boeing freighter fleet of 26
airplanes that includes 17 747-400 Freighters, five 747-8
Freighters and four 777 Freighters.
"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," said
Ihssane Mounir, senior vice president of NE Asia Sales, Boeing
Korea's flag carrier currently operates 86
Boeing passenger airplanes and has unfilled orders for nearly 40
additional airplanes, including 12 777-300ERs, 10 747-8
Intercontinentals, 10 787-9 Dreamliners, two 747-8 Freighters and
six 777 Freighters.
The 777 Freighter is capable of flying 4,900
nautical miles (9,070 kilometers) with a full payload at general
cargo market densities.
According to the Boeing World Air Cargo
Forecast, global air freight traffic is forecast to grow at an
annual rate of 4.7%, doubling the cargo traffic over the
next 20 years.
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