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Korean Air To Buy 14 Aircraft In 2012

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Korean Air Lines said on Tuesday that it plans to invest KRW1.8 trillion won (USD$1.6 billion) in 2012 and purchase 14 aircraft including Airbus's flagship A380 superjumbo.

The carrier also said in a statement that it targeted KRW12.8 trillion won in sales this year and an KRW820 billion won operating profit.

(Reuters)