Boeing confirmed Jan. 10 that South Korean low-cost carrier (LCC) Jeju Air is the previously unidentified customer behind a December 2016 order for three 737-800NGs, valued at $288 million at current prices. It is Jeju Air’s first direct-purchase order with Boeing. The LCC operates an all-leased fleet of 26 737-800NGs. “This acquisition is a major step in our growth strategy … [and will] further strengthen our position as a leading low-cost carrier in Northeast ...

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