Korean Air (KE, Seoul Incheon) has signed a contract with Boeing to supply additional fuselage and wing structures for its B737, B767, B777, and B787 types for four years starting in 2025. The contract is in addition to a current contract for the supply of the same airframe structures.
In a June 17, 2024, regulatory filing, Korean Air said it could not put a fixed price on the contract's value, noting that the delivery quantity would vary depending on the sales status of the aircraft. However, it estimates the contract to be worth around KRW900 billion won (USD652 million) based on Boeing's data and market analysis.
Korean Air's aerospace division has extensive advanced manufacturing experience and a longstanding vendor relationship with Boeing. Korean Air Aerospace is known for its non-autoclave curing, integral carbon-fibre parts, and automation competencies. It has been producing B787 parts since 2005, including carbon-fibre composite skins with integrated stringers for the aft fuselage.
Korean Air Aerospace also has contracts with Airbus. Among other parts, it makes wingtips, tip extensions, and winglets for the B737, B777, B787, and the A320 and A330 types. The manufacturer also works across the military, unmanned aerial vehicle, and space sectors, including building eight AH-6 helicopter fuselages commissioned by Boeing Defense, Space & Security.
