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Korean Air Closes Record Deal for 103 Boeing Aircraft

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Korean Air has finalized a massive $44.8 billion deal to purchase 103 Boeing aircraft, spare engines, and long-term maintenance services.

The agreement includes 20 Boeing 777-9s, 25 787-10s, 50 737-10s, and eight 777-8F freighters, as well as 21 spare engines from GE Aerospace and CFM International.

Korean Air will spend $36.2 billion on aircraft and an additional $8.6 billion on spare engines and maintenance services.

The deal is part of the carrier's preparations for its integration with Asiana Airlines, which is set to take place on December 17.

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