Korean Air Plans Record 103 Boeing Jets for Fleet Modernization
Korean Air Plans Record 103 Boeing Jets for Fleet Modernization

Korean Air Plans Record 103 Boeing Jets for Fleet Modernization

News summary

Korean Air has announced its largest-ever order, intending to purchase 103 Boeing aircraft valued at around $40 billion, including 20 777-9s, 25 787-10s, 50 737-10s, and 8 777-8 Freighters, marking Boeing's biggest widebody order from an Asian airline. This historic deal was finalized during the Korea-U.S. Business Roundtable with the participation of U.S. Commerce Secretary Howard Lutnick and South Korea's Trade Minister Kim Jung-kwan, highlighting strong economic ties between the two countries. The order supports Korean Air's fleet modernization strategy to improve fuel efficiency, reduce environmental impact, and enhance passenger experience as it integrates operations with Asiana Airlines, aiming to become a dominant Asian carrier. Boeing estimates this deal will support approximately 135,000 jobs across the United States, reflecting the significant economic impact of the aerospace industry. Combined with earlier orders this year, Korean Air's commitments now exceed 150 Boeing aircraft, expanding its fleet to 175 jets upon finalization. This strategic investment underscores Korean Air's ambitions for global expansion and reinforces the longstanding Boeing-Korean Air partnership.

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