– Commitment includes five 747-8 Intercontinentals and six 777-300ERs

Le Bourget, France | June 18, 2013– Boeing (NYSE: BA) and Korean Air today announced that the airline has agreed to purchase five 747-8 Intercontinental airplanes and six 777-300ER (Extended Range) jetliners, valued at approximately $3.6 billion at current list prices. Boeing will work with Korean Air to finalize the order, at which time the order will be posted to Boeing’s Orders & Deliveries website.

“Korean Air is a valued Boeing customer and their commitment to add more Boeing twin-aisle airplanes to their fleet demonstrates our strong partnership,” said Boeing Commercial Airplanes President and CEO Ray Conner. “Korean Air has steadily built its reputation as an early adopter of new technology and innovation and Boeing airplanes have played an instrumental role in that strategy.”

Korean Air is the only airline in the world to order both the passenger and freighter variations of the 747-8. When today’s order is finalized, Korea’s flag carrier will have 10 747-8 Intercontinental airplanes on order. The airline has taken delivery of three of its seven 747-8 Freighters on order.

Korean Air currently operates a fleet of 90 Boeing passenger airplanes that consist of 737, 747 and 777 airplanes. The airline also operates an all-Boeing cargo fleet of 27 747-400, 747-8 and 777 Freighters. In February 2012, Korean Air became the first airline in the world to operate both the 747-8 and 777 Freighters.

“Boeing shares a unique relationship with Korean Air—both as a customer and a supplier for Boeing,” said Conner. “Our partnership is built upon trust and is multifaceted, which brings us closer on many levels.”

Korean Air’s Aerospace Division is a key Boeing partner on both the 747-8 and 787 programs, supplying the distinctive raked wing-tips for each model.

EVERETT, Wash., March 18, 2011 /PRNewswire/ — Boeing (NYSE: BA) successfully completed high-speed taxi tests on the first 747-8 Intercontinental today. This is the last in a series of functional tests planned in preparation for first flight.

“The pilots report the airplane performed well,” said Elizabeth Lund, vice president and general manager of the 747 program. “We’ll analyze the test data, but we’re confident that the airplane is ready for first flight and ready to enter the flight test phase of the program.”

During the testing, the airplane reached a top speed of approximately 90 knots (103 mph, 167 kph), and the pilots lifted the nose gear from the pavement. Video highlights of the taxi testing will be posted to www.boeing.com and www.newairplane.com when they are available.

A live webcast of the first flight of the 747-8 Intercontinental will be available at: http://www.newairplane.com/747/incredible/#/webcast.

EVERETT, Wash., March 14, 2011 /PRNewswire/ — Boeing (NYSE: BA) has completed final gauntlet testing on the first 747-8 Intercontinental jetliner. The two days of testing were completed late Sunday. “The team continues to do great work to get the 747-8 Intercontinental into the air,” said Elizabeth Lund, vice president and general manager, 747 program. “It’ll be a great day for the team when the airplane flies.”

Gauntlet testing simulates flight conditions to test systems and ensure flight readiness. During the testing, Boeing test pilots put the airplane through its paces. See how extensive the testing is in this video. Gauntlet testing is a crucial step in the path toward first flight.

First flight of the 747-8 Intercontinental will occur after final flight readiness reviews, receipt of documentation from the U.S. Federal Aviation Administration and taxi testing. Both taxi testing and first flight are subject to weather conditions.