WASHINGTON: Korean Air introduced an order on Monday (Aug 25) for 103 Boeing aeroplanes coinciding, with the go to of South Korean President Lee Jae Myung to Washington, sources informed Reuters.
The order, the biggest within the South Korean provider’s historical past, is anticipated to incorporate a mixture of 787s, 777s and 737 Boeing airplanes, sources informed Reuters earlier.
Boeing Industrial Airplanes CEO Stephanie Pope and Korean Air CEO Cho Gained-tae attended an occasion to unveil the cope with United States Commerce Secretary Howard Lutnick.
Reuters first reported the deal earlier.
Korean Air additionally introduced a separate deal on Monday with GE Aerospace settlement on the acquisition and upkeep of engines valued at US$13.7 billion. A part of the order is to re-equip Asiana, one of many sources mentioned, a subsidiary of South Korea’s largest airline.
In March, South Korea’s business ministry mentioned Korean Air mentioned it will quickly finalise a US$32.7 billion deal for brand spanking new Boeing and GE engines. Korean Air final 12 months mentioned it will order 20 777-9 and 20 787-10 planes from Boeing, with choices for a further 10 plane, and signed a memorandum of understanding in 2024.
Many nations negotiating commerce offers with the Trump administration have introduced or plan to announce important Boeing plane orders. Boeing has gained a string of main orders in latest months.
Korean Air, a founding member of the SkyTeam airline alliance, was established in 1969 when state-owned Korean Air Strains was taken over by South Korean conglomerate Hanjin Kal.
