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Korean Air Orders 103 Boeing Aircraft Including 777-8 Freighters

Korean Air Places Record Order for 103 Boeing Aircraft, Including 777-8 Freighters
Korean Air has announced a historic order for 103 Boeing aircraft, representing the largest single purchase by an Asian carrier in Boeing’s history. The agreement was revealed during South Korean President Lee Jae Myung’s visit to the United States and marks Korean Air’s first commitment to the new-generation Boeing 777-8 Freighter. The order also includes a mix of widebody and narrowbody jets, reflecting the airline’s strategic focus on fleet modernization and expansion.
Expanding Cargo and Passenger Fleet
The deal encompasses eight Boeing 777-8F freighters, which will significantly enhance Korean Air’s cargo capabilities. This addition expands the airline’s existing freighter fleet, which currently consists of four 747-400ERFs, seven 747-8Fs, and twelve 777-200Fs. The move comes as Korean Air aims to strengthen its cargo operations following the exit of its subsidiary Asiana Airlines from the dedicated freighter market after selling its cargo business to AirZeta.
In addition to the freighters, Korean Air has ordered 20 more 777-9 aircraft, doubling its previous commitment for this model made in March 2025. The airline has also increased its order for the 787-10, adding 25 more to supplement existing unfilled orders for six 787-9s and 27 787-10s. Furthermore, the order includes 50 additional 737-10s, complementing an outstanding order for 19 737 MAX aircraft. Notably, Korean Air recently converted 12 of its 737-8 orders to the larger 737-10 variant.
All aircraft are scheduled for delivery by the end of 2030, which will raise Korean Air’s Boeing orderbook from 72 to 175 unfilled commitments. The agreement also includes the purchase of 11 spare engines from General Electric and eight from CFM International, intended to support the growing fleet and potentially optimize operational and maintenance costs.
Industry Implications and Market Response
This substantial order signals Korean Air’s confidence in future growth and its commitment to fleet modernization. However, industry analysts caution that large-scale aircraft orders often face challenges such as delivery delays, particularly amid ongoing supply chain disruptions. Market volatility could also affect long-term demand for new aircraft, while competitors may respond by accelerating their own fleet renewal programs or exploring alternative manufacturers to secure more favorable terms.
The market reaction to Korean Air’s announcement has been predominantly positive, with investors viewing the deal as a significant boost for Boeing. Nevertheless, the scale of the order may prompt rival airlines in the region to reassess their strategies in light of Korean Air’s expanded capacity and renewed emphasis on operational efficiency.
Korean Air’s current Boeing fleet includes a diverse mix of 737s, 747s, 777s, and 787s, alongside government aircraft. Meanwhile, Asiana Airlines, now focused on passenger services, operates nine 777-200ERs, and low-cost subsidiary Jin Air maintains a fleet comprising various 737s and 777-200ERs.
With deliveries extending through the end of the decade, Korean Air’s record-breaking order underscores its ambition to maintain a leading position in both passenger and cargo aviation across Asia and the global market.

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