What Happened
Seoul Carrier Expands Fleet with Next-Generation Jets and Engines
Korean Air has finalized a $44.8 billion agreement to acquire 103 Boeing aircraft and engines, completing a procurement plan first announced in August 2025. The deal includes 21 spare engines and a 15-year maintenance contract, and is designed to support the airline’s capacity needs following the integration of Asiana Airlines. The transition to next-generation aircraft is expected to improve fuel efficiency and support Korean Air’s carbon reduction targets. The agreement was formalized at a signing ceremony attended by senior executives from Korean Air, Boeing, GE Aerospace, and CFM International, as well as key government and financial representatives from both South Korea and the United States, according to AeroTime.