12:29 PM EDT, 10/29/2025 (MT Newswires) -- Boeing ( BA ) is selling 103 new aircraft to Korean Air in a deal valued at $36.2 billion, the White House said Wednesday in a statement.

Korean Air will also purchase GE Aerospace (GE) engines to power the new aircraft in a separate deal valued at $13.7 billion, the White House said.

The deals were announced after President Donald Trump visited South Korea as part of a broader effort to secure investments for the US, according to the statement.

Boeing ( BA ) shares fell 3.3% in Wednesday trading, while GE Aerospace rose 1.6%.

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