Politics8/25/2025Bloomberg

Korean Air Sets $50 Billion in US Orders After Lee, Trump Meet

Korean Air Sets $50 Billion in US Orders After Lee, Trump Meet

Korean Air, South Korea's flag carrier, has announced major orders with Boeing and GE Aerospace worth a combined $50 billion. This follows a meeting between South Korean President Lee Jae Myung and US President Donald Trump at the White House on Monday. The airline plans to order over 100 Boeing aircraft worth $36.2 billion. Additionally, they have signed a $13.7 billion deal with GE Aerospace. These significant investments demonstrate the strengthening economic ties between South Korea and the United States. The agreements are expected to create jobs and boost the aviation industry in both countries. The meeting between the two presidents and the subsequent business deals highlight the importance of bilateral cooperation and the continued growth of the commercial aviation sector.

Source: For the complete article, please visit the original source link below.

Related Articles

Man arrested over fire at Labour MP's office
🏛️ Politics11h ago1 min read

Man arrested over fire at Labour MP's office

Mandelson sacked as ambassador to US over Epstein links
🏛️ Politics12h ago1 min read

Mandelson sacked as ambassador to US over Epstein links

Peter Mandelson: Rise and fall of Labour's political fixer
🏛️ Politics12h ago1 min read

Peter Mandelson: Rise and fall of Labour's political fixer

Vance to Travel to Utah With Manhunt for Kirk’s Killer Underway
🏛️ Politics12h ago1 min read

Vance to Travel to Utah With Manhunt for Kirk’s Killer Underway

Farage faces questions over who funded £885,000 Clacton constituency home
🏛️ Politics12h ago1 min read

Farage faces questions over who funded £885,000 Clacton constituency home

IMF Sees Up to $20 Billion Hole in Ukraine Funding Through 2027
🏛️ Politics13h ago1 min read

IMF Sees Up to $20 Billion Hole in Ukraine Funding Through 2027