Korean Air has announced a $50 billion deal to buy more than 100 Boeing aircraft and several spare engines and obtain engine maintenance for 20 years. The deal was formalised at a signing ceremony on Monday in Washington as South Korean President Lee Jae Myung met with President Donald Trump.

The deal includes $36.2 billion for 103 next-generation Boeing aircraft, $690 million for 19 spare engines from GE Aerospace and CFM International, $USD 13 billion for the 20-year engine maintenance service contract with GE Aerospace, Korean Air said. The purchase order includes 20 Boeing 777-9s, 25 Boeing 787-10s, 50 Boeing 737-10s, and eight Boeing 777-8F freighters. The aircraft are scheduled for phased delivery through the end of 2030.

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