

Boeing and Korean Air have announced a deal for 103 planes worth about $36 billion on August 25. The agreement, reported by BBC News, came just hours after South Korean President Lee Jae Myung met U.S. President Donald Trump in Washington to discuss the 15% tariffs imposed by the U.S. on the Asian country in July. Trump has been pressing America’s trading partners to do more business with American firms.
The deal includes 787, 777 and 737 passenger jets, according to a joint statement from the two companies.
Korean Air said in a statement that the aircraft acquisition is a “proactive measure” to support Korean Air's long-term growth following its integration with Asiana Airlines. The airline said its investment plan extends into the mid-to-late 2030s, and reflects delivery delays affecting the global aviation industry.
BBC News said the Korean Air deal was among a series of agreements made during the talks, including a collaboration between Samsung's shipbuilding arm and the Oregon-based Vigor Marine Group to support maintenance operations for the U.S. Navy.
Seoul had earlier promised $150 billion to support the U.S. shipbuilding industry as part of its trade deal with Washington.
Also on August 25, South Korea's Hyundai announced it is raising its investment into the U.S. from $21 billion to $26 billion.
Shortly after the meeting between Trump and Lee, the company said it planned to set up a new facility in the U.S. that will be able to produce 30,000 robots a year.
Boeing's commercial planes chief, Stephanie Pope, hailed Korean Air's order as a "landmark agreement."
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