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Korean Air finalizes purchase agreement for 103 Boeing aircraft
September 16th 2026
Korean Air (KAL) has finalized a USD 36.2 billion agreement to acquire 20 Boeing 777-9s, 25 Boeing 787-10s, 50 Boeing 737-10s, and eight Boeing 777-8F freighters, announced earlier this year in Washington, D.C. Read More » The airline also finalized agreements totaling approximately USD 8.6 billion with GE Aerospace and CFM International for 21 spare engines and a 15-year engine maintenance contract. “Bringing our Washington agreements to the finish line today is a proud moment for Korean Air. This is much more than a business deal. It is a testament to the trust and the unbreakable alliance between our two countries,” said Walter Cho, Chairman and CEO of Korean Air and Hanjin Group. “While Boeing provides our wings, GE gives us the heartbeat of our fleet. This historic investment guarantees the reliability and efficiency our customers expect, allowing us to keep connecting people and businesses between our two economies,” he added. KAL said the investment secures a predictable long-term fleet introduction schedule to support capacity growth following the Asiana Airlines integration. The transition to next-generation models will also improve overall fleet fuel efficiency and support the airline’s carbon reduction goals.
