South Korea's Jeju Air Reduces Boeing 737 MAX 8 Order to 32 Aircraft
2026-06-12 14:22
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en.Wedoany.com Reported - South Korea's Jeju Air has reduced its 2018 order for Boeing 737 MAX 8 aircraft from 40 to 32, with the company citing external environmental factors as influencing the decision.

On June 9, 2026, Jeju Air submitted a document to DART (Data Analysis, Retrieval and Transfer System) notifying the change in order quantity. The purchase rights for an additional 10 aircraft negotiated between Boeing and Jeju Air in 2018 remain unchanged.

The document confirms that the total amount Jeju Air initially paid for the MAX aircraft has been revised from $4.4 billion to $3.5 billion. According to local South Korean media reports, Jeju Air stated that this move is to prioritize financial stability amid numerous uncertainties currently facing the aviation industry.

According to Seoul Finance, the recent extension of the fleet delivery completion timeline from 2017 to 2018 was also a contributing factor. Per ch-aviation, since placing the order eight years ago, Jeju Air has taken delivery of 12 Boeing 737 MAX aircraft to date. The airline initially expected to put the model into service by the end of 2022, but its first 737-8 MAX was not delivered until 2023 due to the impact of the COVID-19 pandemic.

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