July 11 (Reuters) - Boeing ( BA ) is nearing a potential
sale of some two dozen 777X jets to Korean Air in a
roughly $4 billion to $6 billion deal that could be finalised as
early as July's Farnborough Airshow, industry sources said.
South Korea's largest carrier has been in talks over a
potential return to its traditional supplier of long-haul
aircraft for months after placing a surprise order for 33 A350
jets from Boeing's ( BA ) European rival Airbus in March.
The sources said the potential new order could involve as
many as 20 to 30 of the 777X aircraft, which are worth some $198
million each after typical market discounts, according to
estimated delivery prices from Cirium Ascend.
"We are discussing with manufacturers but nothing has been
confirmed yet," an airline spokesperson said.
Boeing ( BA ) said it does not comment on commercial discussions
and referred any queries on Korean's intentions to the airline.