Korean Air has announced a record-breaking commitment to purchase 103 Boeing aircraft worth USD 36.2 billion, marking the largest aircraft order in its history—and Boeing’s biggest wide-body order from an Asian carrier.
What the Deal Includes
Aircraft Type | Quantity |
---|---|
737 MAX 10 | 50 |
787-10 | 25 |
777-9 | 20 |
777-8 Freighter | 8 |
Delivery is planned through 2030, as part of Korean Air’s strategy to modernize its fleet and integrate operations with newly acquired Asiana Airlines.
As a complement, the airline struck a $13.7 billion deal with GE Aerospace for engines and maintenance services.
A Strategic Win and Economic Booster
- The announcement coincided with a high-profile summit between South Korean President Lee Jae Myung and U.S. President Trump.
- U.S. Commerce Secretary Howard Lutnick praised the agreement, highlighting its importance for reviving U.S. aerospace manufacturing.
- The deal is expected to support 135,000 U.S. jobs, reinforcing both economic and geopolitical ties.T
Significance for Korean Air and Boeing
- Fleet Modernization: Approximately 80% of the new planes will replace older models, enabling fuel efficiency and improved performance.
- Post-Merger Strategy: The fresh jets form the backbone of the merged Korean Air–Asiana entity, enhancing competitiveness and network reach.
- Boeing’s Recovery: The order underscores Boeing’s resurgence in the widebody segment amid increasing global airline demand for fuel-efficient fleets.AInvest
Summary Table
Feature | Details |
---|---|
Total Aircraft | 103 Boeing jets |
Order Value | USD 36.2 billion |
Engine/Maintenance | USD 13.7 billion deal with GE Aerospace |
Delivery Timeline | By 2030 |
Purpose | Fleet replacement, Asiana integration, route expansion |
Economic Impact | Boost to U.S. aerospace jobs and bilateral trade ties |