US EditionKorean Air, Boeing, GE Aerospace agree to $32.7B commercial air deal
- Korean Air has agreed to a $32.7 billion deal with Boeing and GE Aerospace to purchase 50 aircraft and engines, as announced by Commerce Secretary Howard Lutnick.
- The agreement includes 20 Boeing 777-9s and 20 Boeing 787-10s, with deliveries scheduled through 2033.
- Walter Cho, Chairman and CEO of Korean Air, stated that the deal will enhance the airline's fleet modernization and expansion following the acquisition of Asiana Airlines.
- Russell Stokes, President and CEO of GE Aerospace, expressed enthusiasm for advancing collaboration in supporting Korean Air's modernization and growth ambitions.
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The Bradford Era
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Korean Air finalizes $32 bn aircraft deal with Boeing, GE
WASHINGTON, United States – Korean Air has finalized a deal to purchase up to 50 Boeing aircraft, the United States said Monday, a move that comes as President Donald Trump seeks to boost American manufacturing. Commerce Secretary Howard Lutnick hosted a signing ceremony last Friday for the agreement valued at around $32 billion between Korean
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