Korean Air said the country's flagship carrier would spend $36.2 billion to purchase 103 next-generation aircraft from Boeing, including 95 passenger planes.

Korean Air announced a record-breaking deal to purchase 103 planes from Boeing, valued at $36.5 billion, including 787 Dreamliners, 777s, and 737 Max 10s, to modernize its fleet and expand its global routes.

Korean Air has announced a $50 billion deal to buy more than 100 Boeing aircraft and several spare engines and obtain engine maintenance for 20 years. The deal was formalized at a signing ceremony Monday in Washington as South Korean President Lee Jae Myung met with President Donald Trump.