South Korean airline Korean Air has signed an agreement with the US Boeing and GE Aerospace to buy up to 50 planes for a total value of about 32 billion USD, the US Department of Commerce said in a statement.
“The agreement provides for Korean Air to acquire up to 50 Boeing-built wide-body aircraft powered by GE Aerospace engines“, the document said. The agreement was signed late last week.
“With President Donald Trump, we are committed to ushering in a new era for American manufacturing, and today's announcement clearly demonstrates the global recognition of American manufacturing and innovation,“ Commerce Secretary Howard Lutnick was quoted as saying in a statement.
“Our skilled workforce at industry leaders like Boeing and GE Aerospace represents America's unmatched industrial strength and technological superiority, continuing to support these initiatives that will contribute to our nation's economic revitalization,“ he said.