Korean Air's $50B Boeing Deal: A Giant Leap for Growth
2025-08-27
Korean Air announced a massive $50 billion deal with Boeing, its largest-ever investment, to purchase 103 next-generation aircraft, spare engines, and long-term engine maintenance contracts. The agreement, signed during President Lee Jae Myung's visit to Washington, includes various Boeing models (777-9, 787-10, 737-10, and 777-8F freighters) and strengthens ties with the US aviation industry. This strategic move aims to fuel post-Asiana Airlines merger growth, streamline its fleet for improved efficiency and lower emissions, and enhance customer experience.