Boeing, Korean Air Finalize Order for 30 737 MAXs, Two 777-300ERs Valued at ~$4B

Boeing

and Korean Air today finalized the airline's order of 30 737 MAXs and two additional 777-300ER (Extended Range) jetliners valued at nearly $4 billion at current list prices. The airline also has options for additional 737 MAXs as part of the order, which was previously announced as a commitment during the Paris Air Show in June. With this order for up to 52 Boeing airplanes, Korean Air becomes Boeing's newest 737 MAX customer and now has 62 firm Boeing airplane orders on backlog. "Korean Air is a valued Boeing customer and today's order is the culmination of  our longstanding partnership that spans over four decades," said Boeing Commercial Airplanes President and CEO Ray Conner. "Korean Air has been a pioneer in Asia's commercial aviation industry and today, we are truly honored to welcome Korean into the new 737 MAX family. I am confident these new airplanes will play an important role in Korean Air's fleet modernization program for many years to come." As part of this order for 737 MAX airplanes, Korean Air also adds another two 777-300ERs as it continues