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AUGUST 2025

Week 35

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Korean Air orders 103 Boeing jets and 19 GE family engines

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August 26th 2025

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Korean Air (KAL) has signed a US$50 billion contract to purchase a mix of 103 next-generation Boeing twin and single aisle jets, 19 spare engines from GE Aerospace and CFM International and an engine maintenance program with GE Aerospace. Read More » The acquisition package is approximately US$36.2 billion for the new airplanes, US$690 million for the 19 spare engines and US$13 billion for a 20-year engine maintenance contract. The deal was announced in Washington D.C on August 25 at a ceremony attended by KAL chair and CEO of the airline and Hanjin Group, Walter Cho, Boeing Commercial Airlines CEO, Stephanie Pope, and GE Aerospace Commercial Engines & Services president and CEO, Russell Stokes.

The order is 20 777-9s, 25 787-10s, 50 737-10s and eight 777-8Fs. "This strategic acquisition is a proactive measure to support Korean Air’s long-term growth following its integration with Asiana Airlines. The investment plan extends to the late 2030s and reflects delivery delays affecting the global aviation industry," KAL said. Korean Air’s strategy is to standardize its long-term operations around five aircraft families: 777s, 787s and 737s, and A350s and A321neo. The power plant order is 11 spare engines from GE Aerospace and eight from joint venture, CFM International. The MRO contract is for 28 aircraft.

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