Korean Air to Purchase Up to 50 Boeing Planes for 30 Trillion Won

SEOUL, July 22 (Korea Bizwire) – Korean Air Co. said Monday that it has signed a memorandum of understanding with Boeing to buy up to 50 airplanes, including 20 777-9s, in a bid to upgrade its fleet. Under the deal valued at roughly 30 trillion won (US$21.6 billion), Korean Air, the country’s largest flag carrier, [...]