over-the-air update
Scope
Date
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Aerospace & Defense
Hanwha Aerospace signs $254 million deal to supply K9 howitzers to India
Hanwha Aerospace Co., a leading South Korean defense company, said on Thursday it has signed a 370 billion won ($254 million) deal to supply K9 self...
Apr 03, 2025 (Gmt+09:00)
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Airlines
Korean Air purchases GE engines for new Boeing aircraft
Korean Air Lines Co. has agreed to buy engines from GE Aerospace to power its new Boeing aircraft, GE Aerospace said on Wednesday.Under the agreemen...
Mar 27, 2025 (Gmt+09:00)
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Airlines
Korean Air to finalize $32.7 bn deals with Boeing, GE Aerospace
Korean Air Lines Co., the country’s top full-service carrier, is set to soon finalize $32.7 billion deals with Boeing Co. and GE Aerospace for...
Mar 23, 2025 (Gmt+09:00)
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Airlines
Korean Air changes badge before full integration with Asiana Airlines
Korean Air Lines Co., South Korea’s largest full-service carrier, has undergone a major makeover of its corporate identity (CI) for the first ...
Mar 11, 2025 (Gmt+09:00)
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Airlines
Sono Hospitality becomes new owner of Korean budget carrier T’way Air
South Korea’s top resort operator Sono Hospitality Group has emerged as the new owner of budget carrier T’way Air Co. by acquiring ...
Feb 27, 2025 (Gmt+09:00)
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Airlines
Sono Hospitality heralds proxy fight to control T’way Air
Sono Hospitality Group, South Korea’s top resort operator, has vowed to more actively horn in on the business of T'way Air Co., portending a p...
Jan 22, 2025 (Gmt+09:00)
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Mergers & Acquisitions
DIG Airgas, Air Products Korea: Two Korean megadeals in the offing
South Korea’s mergers and acquisitions market is gearing up for two megadeals involving specialty gas makers, worth 5 trillion won ($3.4 billi...
Jan 17, 2025 (Gmt+09:00)
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Airlines
South Korea's deadliest plane crash in decades claims 179 lives
A passenger plane carrying 181 people, including six crew members, crashed in southwestern South Korea early Sunday, killing 179 people, according t...
Dec 29, 2024 (Gmt+09:00)
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Airlines
Asiana Airlines joins Korean Air as subsidiary
Asiana Airlines Inc., one of South Korea’s only two full-service carriers, has passed into history after 36 years of operation to be placed un...
Dec 12, 2024 (Gmt+09:00)
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Airlines
Korean Air-Asiana merger to spur M&A among budget carriers
Korean Air Lines Co.'s anticipated acquisition of Asiana Airlines Inc. is expected to spur domestic budget carriers to seek mergers, with the two do...
Nov 29, 2024 (Gmt+09:00)
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Airlines
Korean Air gets EU approval for Asiana merger
The European Commission (EC), the European Union (EU) antitrust body, approved the merger between Korean Air Lines Co. and Asiana Airlines Inc. on N...
Nov 29, 2024 (Gmt+09:00)
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Airlines
Korean Air resumes Incheon-Kumamoto flights after 27 years
Korean Air Lines Co. said on Monday that it relaunched the Incheon–Kumamoto route on November 24, offering seven weekly services.The route, la...
Nov 25, 2024 (Gmt+09:00)
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Electronics
LG Elec launches modular home Smart Cottage
LG Electronics Inc. said on Wednesday it started selling its LG Smart Cottage, a compact, prefabricated modular home that utilizes its cutting-edge ...
Oct 31, 2024 (Gmt+09:00)
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Logistics
Samsung SDS, Korea Air Force to cooperate on military logistics
South Korea's Samsung SDS Co. said on Tuesday it signed an agreement with the Korea Air Force Headquarters to cooperate on the digital transformatio...
Oct 24, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Sono Hospitality to buy stake in Air Premia to bolster airline portfolio
Sono Hospitality Group, South Korea’s largest resort operator, will add low-cost carrier Air Premia Inc. to its bulging portfolio after agreei...
Oct 15, 2024 (Gmt+09:00)
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Airlines
Air Incheon obtains IATA membership
South Korea's cargo airline Air Incheon said on Friday that it received full membership from the International Air Transport Association (IATA) last...
Oct 11, 2024 (Gmt+09:00)
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Airlines
Jeju Air launches new Batam, Bali routes
Jeju Air Co., South Korea's leading low-cost carrier (LCC), said on Tuesday that it will launch the routes to Batam and Bali, Indonesia. It's t...
Oct 08, 2024 (Gmt+09:00)
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Airlines
Jin Air to expand SE Asia, Oceania routes
South Korea's budget carrier Jin Air said on Friday that it will resume and expand its international flights for the upcoming winter season, focus...
Sep 27, 2024 (Gmt+09:00)
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Airlines
S.Korea’s T’way Air to introduce A330-900 Neo aircraft
T'way Air Co. announced on Thursday that it will gradually introduce five new Airbus A330-900 Neo aircraft starting next year.T’way recently s...
Sep 26, 2024 (Gmt+09:00)
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Airlines
Air Premia adopts GE Aerospace's integrated operation solution
South Korea's low-cost carrier Air Premia Inc. said on Tuesday that it implemented integrated software solutions from the US-based aviation engine a...
Sep 03, 2024 (Gmt+09:00)
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Airlines
Air Incheon joins Boeing safety operation support program
South Korea's cargo airline Air Incheon announced on Wednesday that it signed an agreement with American aircraft manufacturer Boeing Co. on Tuesd...
Aug 21, 2024 (Gmt+09:00)
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Aerospace & Defense
KAI, TAI ink deal to boost T-50TH support
Korea Aerospace Industries Ltd. (KAI) signed a memorandum of understanding (MOU) with Thai Aviation Industries (TAI), Thailand's state-owned aircraf...
Aug 20, 2024 (Gmt+09:00)
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Earnings
Korea’s airline firms plagued by elevated fuel costs, strong dollar
South Korea’s six listed airline companies posted worsening profitability in the second quarter, plagued by higher jet fuel costs and the US d...
Aug 16, 2024 (Gmt+09:00)
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Tech, Media & Telecom
LG Uplus offers Korean Air gift cards to 5G subscribers
South Korea’s LG Uplus Corp. is expanding benefits for subscribers of its online-exclusive prepaid plan Nugget, including offering Korean Air ...
Aug 16, 2024 (Gmt+09:00)
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Aerospace & Defense
Korean Air, L3Harris to introduce more AEW&C aircraft
South Korean airliner Korean Air Lines Co. held the Industry Day in Seoul on Wednesday with the US-based defense company L3Harris to discuss South K...
Aug 14, 2024 (Gmt+09:00)
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Airlines
Jin Air to launch daily flights on Busan-Nagoya route
South Korea's low-cost carrier Jin Air announced on Friday that it will launch a new route between Busan and Nagoya, starting on Sept. 14, with dail...
Aug 09, 2024 (Gmt+09:00)
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Chemical Industry
Gas maker Air Products Korea put on sale for around $3.6 bn
US industrial gas maker Air Products and Chemicals Inc. has put its South Korean unit up for sale for an estimated 5 trillion won ($3.6 billion), in...
Aug 07, 2024 (Gmt+09:00)
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Airlines
Low-cost carrier Fly Gangwon rebranded as Parata Air
South Korea's low-cost carrier (LCC) Fly Gangwon, based in Gangwon Province, has rebranded itself as Parata Air and is embarking on a new beginning....
Aug 06, 2024 (Gmt+09:00)
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Airlines
Jeju Air seeks M&A, igniting race for top place in Korea's LCC market
Jeju Air Co., a leading South Korean low-cost carrier (LCC), will likely seek the acquisition and merger of a rival small airline operator amid inte...
Aug 02, 2024 (Gmt+09:00)
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Future mobility
Hyundai gives advanced air mobility demo in Indonesia
Hyundai Motor Group on Monday unveiled its advanced air mobility (AAM) technology and demonstrated an AAM prototype aircraft, or a flying car, in In...
Jul 29, 2024 (Gmt+09:00)
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