Thus far Paris has been the show of LOIs and MOUs with few orders thus far. The highlights today came from Korean Air, which announced a commitment to purchase five 747-8 Intercontinentals and six 777-300ERs – list price of this lot is around $3.6bn but that is of course not what is going to be paid and Korean knows that it will be able to screw down a very good price for the 747-8Is. If today’s order is finalized, Korea’s flag carrier will have 10 747-8Is on order. The airline has taken delivery of three of its seven 747-8 Freighters
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