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Korean Air Inks Record $50 Billion US Aviation Deal

2 months 1 week ago
schwit1 shares a report from the Korea Herald: Korean Air, South Korea's flagship carrier, on Tuesday announced a sweeping $50 billion deal to purchase next-generation aircraft from Boeing and spare engines from GE Aerospace and CFM International, its largest-ever investment aimed at fueling long-term growth. The deal, signed during President Lee Jae Myung's visit to Washington, includes $36.2 billion for 103 Boeing aircraft, $690 million for 19 spare engines, and a $13 billion long-term engine maintenance contract. The fleet order spans a wide mix of models: 20 Boeing 777-9s, 25 Boeing 787-10s, 50 Boeing 737-10s, and eight Boeing 777-8F freighters. Deliveries will be phased through the end of the 2030s. Korean Air will also acquire 11 spare engines from GE Aerospace and eight from CFM International, alongside a 20-year maintenance service agreement with GE covering 28 aircraft.

Read more of this story at Slashdot.

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VMware before Broadcom was 'a unicorn in fluffy cloudland'

2 months 1 week ago
The CEO of VMware's most ardent partner – Yves Sandfort of comdivision – on what's gone well, and where Broadcom needs to do better

In the 20 months since Broadcom took over VMware, Yves Sandfort has become the most ardent and prolific commentator on the acquisition. The CEO of Germany-headquartered VMware partner Comdivision Consulting has created almost 300 videos and still has plenty to say about where VMware went wrong, and where Broadcom needs to improve.…

Simon Sharwood