Boeing and Korean Air announced the airline’s intent to purchase 103 of Boeing’s fuel-efficient family of airplanes to modernize its fleet and support the carrier’s growth as it fully integrates operations with Asiana Airlines over the next several years.
Korean Air’s commitment will be the airline’s largest-ever order and Boeing’s largest widebody order from an Asian carrier. When finalized, the deal will mark Korean Air’s first order for the 777-8F and will support an estimated 135,000 jobs across the United States.
“This agreement with our long-standing partners, Boeing and GE, marks a pivotal moment for Korean Air,” said Walter Cho, chairman and CEO of Korean Air. “Acquiring these next-generation aircraft is the core of our fleet modernization strategy, delivering significant gains in fuel efficiency and enhancing the passenger experience across our global network. This investment is also a critical enabler for our future as a merged airline with Asiana, to ensure that our combined carrier is one of the most competitive airlines in the industry.”
“We are honored to strengthen our partnership with Korean Air through this landmark agreement, which reflects the value and capabilities of Boeing’s market-leading airplane family,” said Stephanie Pope, president and CEO of Boeing Commercial Airplanes.
