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46m ago

Korean Air Signs $50 Billion Package for 103 Boeing Jets, Engines and Services

The record commitment supports Korean Air’s Asiana integration through a simplified, fuel‑efficient fleet arriving by 2030.

The new logo of Korean Air is seen on its plane during an event in Gimpo, South Korea, March 11, 2025. REUTERS/Dogyun Kim/File Photo
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Korean Air is buying 103 Boeing aircraft for $36 billion.
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Overview

  • Korean Air’s purchase covers 20 777-9s, 25 787-10s, 50 737-10s and eight 777-8 freighters, with aircraft valued at $36.2 billion.
  • Separate agreements add 19 spare engines for $690 million and a 20-year GE Aerospace maintenance services contract worth about $13 billion.
  • Deliveries are scheduled to conclude by the end of 2030, while several models in the deal — the 737-10, 777-9 and 777-8F — still await certification.
  • The signing in Washington followed a White House meeting between President Donald Trump and South Korean President Lee Jae Myung, with senior U.S. and Korean officials present.
  • Boeing says the agreement would be Korean Air’s largest-ever order, expand its Boeing backlog to about 175 jets if finalized, and support an estimated 135,000 U.S. jobs.