March 24 – South Korea’s Korean Air sealed major fleet upgrades on Friday, finalizing deals with Boeing (BA, Financial) and GE Aerospace (GE, Financial) to enhance its aircraft and engine lineup.
The carrier will purchase 50 new planes worth $24.9 billion by 2033, comprising 20 units each of the 777-9 and 787-10 models. South Korea’s trade ministry provided these details on March 21, emphasizing the strategic fleet expansion aimed at boosting capacity and efficiency.
In addition, Korean Air…
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