Airlines
Airlines
Jeju Air to buy 40 fuel-efficient Boeing passenger planes
Aug 16, 2023 (Gmt+09:00)
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Airlines
Hanjin KAL secures liquidity to keep chairman's control of firm
Hanjin KAL Corp., the holding firm of South Korean flag carrier Korean Air Lines Co., is actively raising money via bond issuances and sale of proper...
Aug 08, 2023 (Gmt+09:00)
2 Min read -
Airlines
Budget carriers turn around with highest-ever profits in Q2
South Korea’s low-cost carriers (LCCs) posted their highest-ever quarterly profits on the back of a surge in international travel as the indust...
Aug 08, 2023 (Gmt+09:00)
2 Min read -
Airlines
Air travel from Korea roars back to everywhere, except China
Flight routes between South Korea and China, once Korean flag carriers’ most lucrative, have become their white elephant as passengers on the r...
Aug 04, 2023 (Gmt+09:00)
3 Min read -
Airlines
Korean Air’s operating profit falls to $360 mn in Q2 2023
Korean Air Lines Co.’s operating profit in the second quarter fell over 30% from the same period last year in line with market consensus.Consid...
Aug 03, 2023 (Gmt+09:00)
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Airlines
Occupancy rate of S.Korean LCCs for int’l flights hits 87%
The average occupancy rate (AOR) on international flights of South Korea’s low-cost carriers (LCCs) has exceeded 80%, fully recovering to its p...
Jul 20, 2023 (Gmt+09:00)
1 Min read -
Airlines
Korean Air resumes flights from Busan to Japan after three-year suspension
Korean Air Lines Co., the largest airline and flag carrier of South Korea, said on Tuesday that it would resume its operations on the Busan-Fukuoka a...
Jul 19, 2023 (Gmt+09:00)
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Airlines
S.Korea-Japan flights outpace Gimpo-Jeju in H1 2023
As Japan eased its border restrictions at the end of last year, the number of passengers on routes between South Korea and Japan in the first half of...
Jul 17, 2023 (Gmt+09:00)
2 Min read -
Airlines
LCC Air Premia to be jointly managed by two PE firms
Air Premia Inc., a South Korean low-cost carrier, will be jointly managed by two Seoul-based private equity firms – JC Partners and AP Holdings...
Jul 03, 2023 (Gmt+09:00)
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Airlines
Jeju Air becomes 1st S.Korean LCC to surpass 100 mn passenger mark
South Korea's low-cost carrier (LCC) Jeju Air Co. on Sunday said its cumulative number of passengers exceeded 100 million 17 years after the company'...
Jul 03, 2023 (Gmt+09:00)
1 Min read -
Airlines
EU temporarily halts probe of Korean Air-Asiana merger
Europe's antitrust regulator has temporarily suspended its investigation into the proposed merger of Korean Air Lines Co. and Asiana Airlines Inc. as...
Jun 30, 2023 (Gmt+09:00)
2 Min read -
Airlines
Korean Air to use bio-jet fuel on international flights
Korean Air Lines Co. announced on Thursday that it will start operating bio-jet fuel flights in partnership with GS Caltex Corp., marking the first d...
Jun 29, 2023 (Gmt+09:00)
2 Min read -
Airlines
Korean Air says it can conclude Asiana takeover via big concessions
The head of Korean Air Lines Co. has expressed confidence over the airliner's proposed acquisition of Asiana Airlines, saying, "We will make it happe...
Jun 07, 2023 (Gmt+09:00)
1 Min read -
Airlines
Korean LCC Air Premia to spur growth through IPO, more aircraft
Air Premia Inc., a South Korean low-cost carrier (LCC) that was established in 2017 and started flight operations last July, is gearing for fast grow...
Jun 05, 2023 (Gmt+09:00)
2 Min read -
Airlines
Air Busan targets record profit with more int’l flights
Air Busan Co., a South Korean low-cost carrier, targets record earnings with more international flights, especially to neighboring China and Japan, b...
May 30, 2023 (Gmt+09:00)
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Airlines
Asiana Airlines suspends selling seats next to emergency exit doors
South Korea’s Asiana Airlines Inc., which had an incident of landing with the emergency exit door open, will not sell seats next to the emergen...
May 28, 2023 (Gmt+09:00)
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Airlines
S.Korea gov’t urges caution on using Vietjet Air, AirAsia
South Korean consumers have witnessed a substantial rise in complaints related to Vietjet Air and AirAsia, popular low-cost carriers used for travel...
May 26, 2023 (Gmt+09:00)
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Airlines
Jin Air seeks to spread wings to Indonesia, Singapore
Jin Air Co., a low-cost carrier (LCC) under Korean Air Co., is seeking to expand its air routes to Indonesia and Singapore this year with the additio...
May 24, 2023 (Gmt+09:00)
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Aerospace & Defense
Hanwha aims to develop unmanned fighter jet engine within decade
Hanwha Aerospace Co., South Korea’s answer to Elon Musk’s SpaceX, aims to develop engines for unmanned aircraft within the next decade to...
May 24, 2023 (Gmt+09:00)
3 Min read -
Airlines
Jeju Air CEO sees Korea-Indonesia routes as blue ocean
South Korea’s largest low-cost carrier (LCC) Jeju Air Co. will make the most of the post-pandemic recovery in travel demand by exploring Southe...
May 23, 2023 (Gmt+09:00)
2 Min read -
Airlines
US antitrust body blocks $1.4 bn Korean Air-Asiana deal
Korean Air Lines Co. ’s acquisition of smaller domestic rival Asiana Airlines Inc. is poised to collapse after the US antitrust agency raised a...
May 22, 2023 (Gmt+09:00)
4 Min read -
Airlines
Korean Air-Asiana merger hits roadblock in US, Europe
The proposed merger between South Korea’s two largest airlines hit a roadblock in the West as a media outlet reported that the US government is...
May 19, 2023 (Gmt+09:00)
3 Min read -
Airlines
S.Korea's leading low-cost carrier Jeju Air posts record-high Q1 results
South Korea's leading low-cost carrier (LCC) Jeju Air Co. posted record-high performance in the first quarter. Industry analysts say domestic LCCs wi...
May 10, 2023 (Gmt+09:00)
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Airlines
Intense competition in S.Korea's LCC sector fuels zero-won tickets
South Korea's low-cost carriers (LCCs) since last month have waged an intense competition with the recovery of the overseas travel market. They boost...
May 09, 2023 (Gmt+09:00)
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Airlines
Korean Air to launch in-flight wi-fi service for int'l routes
Korean Air Lines Co. announced on Tuesday that it will begin in-flight wi-fi service on selected international routes starting from June 1.Korean Air...
May 09, 2023 (Gmt+09:00)
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Airlines
S.Korea's Air Premia, T'way compete for golden routes to Europe
South Korea's low-cost carriers (LCC) Air Premia and T'way Air Co. are competing to secure "golden routes" to Europe that Korean Air must give up to ...
May 08, 2023 (Gmt+09:00)
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Airlines
Korean Air showcases special aircraft livery featuring Blackpink
Korean Air Lines Co. held a 2030 Busan Expo Korean Air Special Aircraft Unveiling Event at the aircraft hangar at Incheon International Airport on We...
May 03, 2023 (Gmt+09:00)
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Airlines
Korean Air, Asiana to increase award seats ahead of merger
Korean Air Lines Co. and Asiana Airlines Inc. are set to increase award seats while revising their membership terms and conditions to help customers ...
Apr 27, 2023 (Gmt+09:00)
2 Min read -
Airlines
Number of travelers on S.Korea's LCCs jumped 104-fold in Q1
Demand for overseas flights in South Korea has exploded since the resumption of air travel operations amid the substantial easing of COVID-19 restric...
Apr 25, 2023 (Gmt+09:00)
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Airlines
S.Korea's airlines boosting staff amid recovering demand for overseas travel
South Korea's airlines are opening their hiring doors wide open with the resumption of international flights amid demand for overseas travel recoveri...
Apr 13, 2023 (Gmt+09:00)
1 Min read
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