Korean Air plans to drop the Airbus A380 Superjumbo from service in the next 5 years, according to multiple reports.
The airline also plans to discontinue use of the Boeing 747-8 within the next 10 years.
Korean Chief Executive Walter Cho confirmed the reports in an interview with FlightGlobal:
“The A380s will be leaving Korean Air’s fleet within five years, and the Boeing 747-8I fleet will also follow suit within ten years,” says Cho.
Most of Korean's A380s and 747s are in storage (they are reported to have 10 each) and will also inherit 6 more A380s after their takeover of Asiana.
As for its other widebodies, Korean operates 26 777-300ERS with an average age of 7.3 years. It also has orders for 10 787-9s (adding to 10 in its current inventory) and 20 787-10s. It has not, however, placed any orders for the developmental 777-9.
"I believe the Boeing 777 is one of the most successful aircraft in aviation history," Cho said. "If asked, I would say the B777-300ER is my favourite model."
"While I haven't ruled out the Boeing 777X, there are some points that still need verification. I may consider it after that, but I don't think we’ll have a large demand for new aircraft for some time as we already have a significant number of aircraft in operation or on order."