US EditionKorean Air to Order 100 Boeing Jets in Historic Deal
- 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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70 Articles
S. Korea's Korean Air to purchase 103 Boeing aircraft plus GE engines
South Korean carrier Korean Air will buy 103 planes from U.S. manufacturer Boeing, as well as 19 replacement engines and other services from GE Aerospace. The total value of the transaction is nearly 70 trillion won (roughly 1 trillion CZK), the airline said on Tuesday. The deal comes at a time when President Donald Trump is pressuring countries, including Asian trading partners, to do more business with American companies.
Boeing Inks Biggest Ever Deal With Korean Air For 103 Planes Amid Trump's Push For US Business - Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN)
Boeing Co. (NYSE: BA) has secured a $36 billion deal with Korean Air for 103 aircrafts, a move that comes amid U.S. President Donald Trump's efforts to boost American business overseas.
The Independent
The Independent (US)Korean Air strikes £37bn deal to buy over 100 Boeing aircraft
Aircraft scheduled for phased delivery through end of 2030
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.
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