Korean Air announced its intent to purchase 103 “next generation” aircraft from Boeing for $36.2 billion. The aircraft purchase order includes 20 Boeing 777-9s, 25 Boeing 787-10s, 50 Boeing 737-10s and eight Boeing 777-8F freighters. The aircraft are scheduled for phased delivery through the end of 2030.

The acquisition, said the announcement, is “a proactive measure to support Korean Air’s long-term growth following its integration with Asiana Airlines.” The airline’s investment plan extends into the mid-to-late 2030s and reflects delivery delays affecting the global aviation industry.

Korean Air’s fleet strategy, said the announcement, will standardize its long-term operations around five “highly efficient” aircraft families: the Boeing 777, 787 and 737, along with the Airbus A350 and A321-neo. This move, said the announcement, is expected to ensure a stable capacity growth, achieve economies of scale through fleet simplification, enhance fuel efficiency, reduce carbon emissions and improve the overall customer experience.

The deal, said the announcement, “is a strategic choice to strengthen Korean Air’s partnership with the US aviation industry.”