Korean Air Orders 103 Boeing Jets Ahead of Merger

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  "detected_at": "2026-09-16T09:14:34+00:00",
  "company": {
    "name": "GE Aerospace",
    "domain": "geaerospace.com"
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  "data": {
    "url": "https://en.sedaily.com/finance/2026/09/16/korean-air-orders-103-boeing-jets-in-362-billion-deal",
    "title": "Korean Air Orders 103 Boeing Jets Ahead of Merger - Seoul Economic Daily",
    "excerpt": "Korean Air (003490) has signed aircraft and aircraft engine purchase contracts worth a combined $44.8 billion (about 60 trillion won) with Boeing and GE Aerospace of the United States. The deals accelerate fleet modernization and operational efficiency at Korean Air, which will merge with Asiana Airlines (020560) in December. Korean Air said on the 16th that it signed a contract with Boeing at the Conrad Seoul hotel in Yeongdeungpo District to acquire 103 next-generation aircraft for $36.2 billion (about 50 trillion won). The carrier also agreed to buy 21 spare aircraft engines from GE Aerospace and CFM International, and to receive engine maintenance services from GE Aerospace for 28 aircraft over 15 years. Those contracts are valued at $8.6 billion. The agreements finalize a memorandum of understanding that Hanjin Group Chairman Cho Won-tae signed with Boeing and other partners in Washington, D.C., in August last year. \"I find it deeply meaningful that the promise we made in Washington last year has come to fruition as a final contract,\" Cho said at the signing ceremony. \"This contract goes beyond a simple transaction between companies. It is a milestone of trust that further strengthens the firm economic and technological alliance between Korea and the United States.\" In addition to Cho, the ceremony was attended by Stephanie Pope, president and chief executive officer of...",
    "summary": "GE Aerospace, along with CFM International, secured an $8.6 billion deal with Korean Air for 21 spare aircraft engines and a 15-year engine maintenance service contract for 28 aircraft.",
    "planning": true,
    "image_url": "https://wimg.sedaily.com/news/cms/2026/09/16/news-p.v1.20260916.e34fc0bed4bc4f7aa397115b29abb829_P1.jpg",
    "confidence": 0.9,
    "published_at": "2026-09-16T09:14:34Z",
    "article_sentence": "The carrier also agreed to buy 21 spare aircraft engines from GE Aerospace and CFM International, and to receive engine maintenance services from GE Aerospace for 28 aircraft over 15 years.",
    "amount_normalized": 8600000000,
    "related_company_name": "Korean Air",
    "related_company_domain": "koreanair.com"
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