US EditionKorean Air to Order 100 Boeing Jets in Historic Deal
Korean Air's historic 103-jet purchase includes Boeing 787, 777, and 737 models, alongside a $13.7 billion GE Aerospace engine deal to modernize its fleet amid industry challenges.
- Korean Air announced a $36 billion deal on Monday to acquire 103 Boeing planes, including 787, 777, and 737 models.
- The deal follows ongoing challenges in aviation and coincides with South Korean President Lee Jae Myung's recent talks with Trump on tariffs and economic issues.
- Korean Air CEO Walter Cho said these jets will modernize the fleet and support competitiveness amid the airline's merger with Asiana Airlines.
- The deal includes a $13.7 billion agreement with GE Aerospace for engine purchase and maintenance and is hailed by Boeing's Stephanie Pope as a "landmark agreement."
- This acquisition is expected to strengthen Korean Air's operational capabilities and sustain U.S. jobs, reflecting broader global trade and aerospace industry dynamics.
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Boeing and Korean Air announced a deal worth about $36 billion to buy 103 planes, as President Donald Trump presses his counterparts to do more business with American companies.
This breath of oxygen for the American aircraft manufacturer comes a few weeks after a murderous crash involving a 787 model in India. The announcement was made while Donald Trump met on Monday with his South Korean counterpart, Lee Jae-myung in Washington.
·Paris, France
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Korean Air Plans Boeing Jet Order After Lee Visit, Lutnick Says
South Korean firms announced a flurry of deals with US businesses, including $50 billion in agreements with Boeing Co. and GE Aerospace, after the nations’ leaders met in-person for the first time in Washington on Monday.
·United States
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Total News Sources24
Leaning Left5Leaning Right5Center8Last UpdatedBias Distribution44% Center
Bias Distribution
- 44% of the sources are Center
44% Center
L 28%
C 44%
R 28%
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