Korean Air Lines, South Korea’s national airline, has announced plans to acquire around 20 new aircraft from the U.S. company Boeing. In addition to the aircraft, Korean Air will also purchase spare engines from GE Aerospace, a division of General Electric. The total value of this deal is estimated at $32.7 billion, according to South Korea’s Ministry of Industry.
This major agreement highlights Korean Air’s commitment to expanding and upgrading its fleet. The new aircraft and engines will support the airline’s growth and ensure more reliable service for passengers. The deal is expected to strengthen the airline’s competitive position in the global aviation industry.
The purchase agreement includes a combination of different types of aircraft, offering Korean Air the flexibility to enhance its domestic and international routes. The spare engines from GE Aerospace will help maintain and support these aircraft, ensuring their operational efficiency.
This large-scale investment marks a significant milestone for Korean Air and will likely have a lasting impact on the airline’s operations and future expansion plans.
