Boeing wins $3.7B in orders from Korean Air Korean Air has agreed - TopicsExpress

Boeing wins $3.7B in orders from Korean Air Korean Air has agreed to acquire $3.7B worth of aircraft from Boeing (BA) in a deal that comprises five 747-8 Intercontinentals, five 777-300ERs and one 787 Dreamliner. Despite the latest order for the 747, the iconic jet could be on its final approach. Boeing says it remains committed to the plane, but it has cut production targets twice in six months, and will manufacture just 18 in each of the next two years. Airlines prefer newer two-engine planes that have the same range but burn less fuel.

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