Korean Air inks $32 billion deal with Boeing and GE Aerospace

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Howard Lutnick United States Secretary of Commerce | Wikipedia

Korean Air inks $32 billion deal with Boeing and GE Aerospace

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On Friday, U.S. Secretary of Commerce Howard Lutnick presided over a signing ceremony for a significant commercial agreement between Korean Air and U.S. aviation companies Boeing and GE Aerospace. The deal is valued at approximately $32 billion and involves Korean Air's acquisition of up to 50 widebody aircraft from Boeing, equipped with engines from GE Aerospace.

The event was seen as a reflection of the Trump administration's efforts to initiate a new era in American manufacturing. The administration has reported securing investment commitments exceeding $3 trillion since taking office, with an aim to reduce the nation's trade deficit.

"Photo from the signing ceremony of a commercial agreement between Korean Air and American aviation leaders Boeing and GE Aerospace."

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