"Korean Air Chooses Airbus Over Boeing in $14 Billion Deal"

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Source: Fortune
"Korean Air Chooses Airbus Over Boeing in $14 Billion Deal"
Photo: Fortune
TL;DR Summary

Korean Air Lines Co. has chosen Airbus over Boeing to purchase 33 A350 wide-body jets in a $14 billion deal, as it aims to streamline its fleet ahead of a merger with Asiana Airlines Inc. The order includes 27 A350-1000s and 6 A350-900s, reflecting the airline's sustainability efforts and preparation for the integration of Asiana Airlines. This decision marks a significant win for Airbus, while Boeing secured a smaller order of 10 787-9s. The move comes amid a surge in wide-body orders and as Korean Air seeks to simplify its fleet and reduce costs.

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