Korean Air Expected to Order 100 Boeing Airplanes Amid Presidential Visit
Korean Air Expected to Order 100 Boeing Airplanes Amid Presidential Visit

Korean Air Expected to Order 100 Boeing Airplanes Amid Presidential Visit

News summary

Korean Air is set to announce a historic order for about 100 Boeing airplanes during South Korean President Lee Jae Myung's visit to Washington. The order is expected to include a mix of Boeing 787s, 777s, and 737s, marking the largest in the airline's history. Boeing Commercial Airplanes CEO Stephanie Pope and Korean Air CEO Cho Won-tae are attending a business event with President Lee in Washington, coinciding with the announcement. Part of the order will also be used to re-equip Asiana Airlines, a subsidiary of Korean Air. This move follows Korean Air's previous commitments, including a $32.7 billion deal for Boeing and GE Aerospace engines, and reflects a broader trend of countries announcing major Boeing orders while negotiating trade deals with the Trump administration. Boeing has recently secured several significant orders in the aerospace sector.

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Center 57%
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Last Updated
15 min ago
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57% Center
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