Korean Air’s Record Boeing Order Fuels Stock Surge
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BTCCSquare news:
Boeing shares climbed over 3% Tuesday afternoon after Korean Air announced its largest-ever aircraft order with the aerospace giant. The deal for 103 next-generation jets—including a first-time purchase of 777-8 freighters—brings Korean Air's annual Boeing commitments to more than 150 units.
The fleet modernization strategy centers on fuel efficiency gains and enhanced passenger experience, according to CEO Walter Cho. The timing proves fortuitous for Boeing as it seeks to regain momentum amid industry challenges.
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