Korean Air has agreed to purchase 103 Boeing aircraft in a deal worth approximately $36.2 billion, the carrier announced Monday. The deal also includes engines and a maintenance program worth an additional $13.8 billion.
The aircraft purchase includes 20 Boeing 777-9 planes, 25 787-10 planes, 50 737-10 planes and eight 777-8F freighters. The aircraft are scheduled for a phased delivery through the end of 2030, according to Korean Air. The investment plan, though, “extends into the mid-to-late 2030s, and reflects delivery delays affecting the global aviation industry,” according to the carrier.
The acquisition is a “proactive measure to support Korean Air’s long-term growth following its integration with Asiana Airlines,” the carrier said, adding that its fleet strategy is to “standardize its long-term operations” around five aircraft families: Boeing 777, 787 and 737 planes, and with Airbus A350 and A321neo aircraft.
Korean Air completed the acquisition of Asiana Airlines in December 2024.
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