Korean Air acquires more than 100 Boeing devices, the largest contract in the history of the South Korean aviation

The commercial round table organized on Monday, August 25 in Washington, between the United States and South Korea, smiled at Boeing. The Korean air company announced that it would buy more than 100 aircraft from the American aircraft manufacturer, the largest contract in the history of the South Korean aviation.

The order relates to: 20 Boeing 777, 25 Boeing 787, 50 Boeing 737 and eight Boeing 777 Aircraft, or 103 aircraft in total, detailed the company in detail in its press release on Tuesday. Korean air indicates that the order represents around $ 50 billion (around 43 billion euros) and that the delivery of the devices is planned “Until the end of 2030”.

This round table under the supervision of the secretary of American Commerce, Howard Lunick and the Ministry of Trade, Industry and South Korean energy, took place as Donald Trump his South Korean counterpart, Lee Jae-Myung, met for discussions about their bilateral relations. The two countries have concluded an agreement that determines the American customs tasks on South Korean products by 15 %.

By unveiling the level of surcharge on the South Korean export in July, reduced compared to the initial threat of 25 %, the US President said Seoul was going “Give” $ 350 billion in investments in the United States. He also mentioned one “Big sum of money” In addition to be invested by South Korea, without giving figures.

Boeing in red in 2024

In March, Korean Air announced that it had completed an agreement for the purchase of 50 Boeing aircraft, worth approximately $ 32 billion. This new order brings a migration of oxygen to the American manufacturer, heavy in red in 2024, in particular because of the quality problems of production, and affected by a new air disaster in June.

On June 12, a Boeing 787 from Air India crashed less than a minute after he left the city of Ahmedabad in India, on his way to London, with 242 passengers and crew members on board. According to a provisional investigation report, fuel food had cut itself off just before the crash. The accident resulted in the death of 260 people.

In the aftermath of this report, the Directorate General of Civil Aviation (DGCA) ordered Indian to check these devices for different types of Boeing, including the 787, registered in India. Other countries have ordered the same control measures to their companies that are equipped with this device, in particular Singapore, without detecting the least deviation for the time being.