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Benzinga
Benzinga
Business
Vandana Singh

Boeing's Order Book Soars On Korean Air Mega-Deal And Hopes For China Sales

Boeing Korean Air China Boeing Co British Airways BofA
Boeing

On Tuesday, Boeing Co. (NYSE:BA) secured a $36.2 billion deal with Korean Air for 103 planes, including a mix of 787, 777, and 737 passenger jets.

Boeing’s commercial planes chief, Stephanie Pope, hailed the deal as a “landmark agreement.” The deal covers 50 Boeing 737-10 passenger aircraft and 45 long-range jets, along with eight 777-8 Freighter cargo planes for Korean Air. This deal is expected to support around 135,000 jobs across the U.S.

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