BEAMSTART Logo

HomeNews

Korean Air to finalize $32.7 bn deals with Boeing, GE Aerospace

Korea Economic Daily LogoKorea Economic Daily2d ago

Korean Air to finalize $32.7 bn deals with Boeing, GE Aerospace - Korea Economic Daily

Quick Summary:

Ahn, who visited Washington DC for the second time in a month, showcased South Korean companies’ investment in the US amid mounting concerns over President Donald Trump’s plan to impose tariffs on trading partners worldwide.“The cooperation will help Korean Air become one of the top 10 global airlines,” Ahn said.“The Korean government will continue to actively support cooperation between Korean and US industries.”By Jung-Eun Shin and Dae-Hun Kimnewyearis@hankyung.com Jongwoo Cheon edited this article.

The carrier said it would finalize a $7.8 deal to order eight spare engines from GE Aerospace, with options for two more, and engine maintenance services.“By modernizing its fleet, Korean Air will provide customers with a more pleasant and comfortable travel experience while striving to reduce carbon emissions and implement ESG management policies by switching to more fuel-efficient aircraft,” Korean Air said in a statement, referring to environment, social and governance.

Korean Air Lines Co., the country’s top full-service carrier, is set to soon finalize $32.7 billion deals with Boeing Co.and GE Aerospace for new aircraft and engines to expand and upgrade its fleet for the full integration with smaller rival Asiana Airlines Inc.


More Pictures

Korean Air to finalize $32.7 bn deals with Boeing, GE Aerospace - Korea Economic Daily (Picture 1)

or

Article Details

Category: Economy

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-23 @ 17:36:48 (2 days ago)

News Timezone: GMT +8:00

News Source URL: kedglobal.com

Language: English

Article Length: 343 words

Reading Time: 2 minutes read

Sentences: 17 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Korea Economic Daily

News ID: 27251354

View Article Analysis

About Korea Economic Daily

Korea Economic Daily Logo

Main Topics: Economy

Official Website: kedglobal.com

Update Frequency: 6 posts per day

Year Established: 1964

Headquarters: South Korea

News Last Updated: 45 minutes ago

Coverage Areas: South Korea

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #91

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Korean Air to finalize $32.7 bn deals with Boeing, GE Aerospace" has 343 words across 17 sentences, which will take approximately 2 - 3 minutes for the average person to read.

Which news outlet covered this story?

The story "Korean Air to finalize $32.7 bn deals with Boeing, GE Aerospace" was covered 2 days ago by Korea Economic Daily, a news publisher based in South Korea.

How trustworthy is 'Korea Economic Daily' news outlet?

Korea Economic Daily is a fully independent (privately-owned) news outlet established in 1964 that covers mostly economy news.

The outlet is headquartered in South Korea and publishes an average of 6 news stories per day.

It's most recent story was published 45 minutes ago.

What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #27251354
  • URL: https://chronographically.beamstart.com/news/korean-air-to-finalize-327-17427276115144

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

© Copyright 2025 BEAMSTART. All Rights Reserved.