Korean Air finalizes US$44.8 billion deal for 103 Boeing aircraft, GE engines

Korean Air has officially finalized a KRW 60 trillion (approximately US$44.8 billion) agreement to purchase a substantial fleet of 103 next-generation aircraft from Boeing. This significant transaction encompasses the acquisition of both the airplanes themselves and associated General Electric (GE) engines. The deal represents a major investment for Korean Air, bolstering its long-haul passenger capacity and operational capabilities. Completion of this order marks a pivotal moment in Boeing’s current production cycle, solidifying a key partnership with one of the world's largest airlines. AeroTime reported that the finalization of this agreement underscores Korean Air’s continued commitment to expanding its global network.