SEOUL, May 8 (Reuters) - Korean Air will
sell five of its planes to U.S. aerospace firm Sierra Nevada
Corporation, the airline said in an exchange filing on
Wednesday.
Sierra Nevada recently won a $13 billion U.S. Air Force
contract to develop a successor to the E-4B Nightwatch, known as
the Doomsday plane due to its ability to survive a nuclear war
and act as a command and control centre during emergencies.
Sierra Nevada did not immediately respond to a request for
comment.
The Korean Air planes being sold are four-engined Boeing
747-8s, a source familiar with the matter said.
The four current E-4 planes, which have been in service
since the 1970s, are modified Boeing ( BA ) 747-200s.
The sale, valued at 918 billion Korean won ($674 million),
is in line with Korean Air's medium to long-term plan to dispose
of older aircraft and replace them with newer generation ones,
the Korean Air filing said.
Korean Air will sell the planes in September 2025, the
filing said.
($1 = 1,363.0100 won)