Korean Air Unveils Record 103 Boeing Aircraft Purchase for Fleet Modernization and Job Creation.

Korean Air has committed to a record-breaking purchase of 103 Boeing jets to modernize its fleet and support its merger with Asiana Airlines. The order includes 20 Boeing 777-9s, 25 Boeing 787-10s, 50 Boeing 737-10s, and 8 Boeing 777-8 Freighters. The new aircraft will enhance fuel efficiency by 20% and support an estimated 135,000 jobs in the US. This is Boeing's largest widebody order from an Asian carrier.

Korean Air has announced a landmark agreement to acquire 103 cutting-edge Boeing aircraft, marking its largest-ever order and Boeing’s biggest widebody deal with an Asian carrier. The deal, valued at approximately $23 billion, aims to modernize Korean Air’s fleet, enhance fuel efficiency, and support its merger with Asiana Airlines [1].

The order includes 20 Boeing 777-9s, 25 787-10s, 50 737-10s, and 8 777-8 Freighters. These aircraft are designed to deliver exceptional performance and sustainability, with the Boeing 777-9 capable of carrying 426 passengers and boasting a range of 13,510 km (7,295 nautical miles), and the 787-10 offering a capacity of 336 passengers and a range of 11,730 km (6,330 nautical miles) [1].

Korean Air currently operates 108 Boeing aircraft, and this deal will expand its order book to 175 aircraft. The new aircraft are expected to support around 135,000 jobs in the United States [1].

The agreement underscores a strengthened partnership between Korean Air and Boeing, fostering growth and sustainability. Korean Air’s Aerospace Division plays a vital role in Boeing’s supply chain, producing components for various Boeing families [1].

The Korea-U.S. Business Roundtable highlighted the significance of the deal, reflecting a shared commitment to innovation and economic collaboration between the two nations [1].

References:
[1] https://aviationsourcenews.com/korean-air-places-landmark-order-for-103-boeing-aircraft/