SEOUL, Dec. 30 (Korea Bizwire) — Air Busan Co., a budget carrier unit of Asiana Airlines Inc., said Thursday it will open the Incheon-Vladivostok route in February to meet business travel demand. Air Busan will offer flights to the Russian far eastern port city every two weeks from Feb. 5, the company said in a [...]
SEOUL, Dec. 29 (Korea Bizwire) — Korean Air Lines Co., South Korea’s national flag carrier, said Wednesday it has been ordered by Chinese authorities to temporarily suspend its flights to Shenyang over novel coronavirus infections found among passengers aboard its plane that landed there earlier this month. Eight Chinese passengers aboard the Korean Air flight [...]
SEOUL, Dec. 29 (Korea Bizwire) — Korean Air Lines Co., South Korea’s national flag carrier, said Tuesday that it was introducing an e-Document System (e-DOC) to digitalize various documents that customers have to fill in for themselves, a first among global airlines. Passengers flying on Korean Air will be able to fill in 23 different [...]
SEOUL, Dec. 23 (Korea Bizwire) — Korean Air Lines Co., South Korea’s national flag carrier, said Thursday it will secure 557.8 billion won (US$470 million) through a property sale as part of its efforts to improve its financial status amid a prolonged COVID-19 pandemic. On Friday, Korean Air will sign a deal to sell its [...]
SEOUL, Dec. 15 (Korea Bizwire) — KT&G Corp., South Korea’s dominant tobacco company, will suspend its tobacco business in the United States for an unspecified period, the company said in a regulatory filing Tuesday. “We need to conduct a review of our business in the U.S. amid intensifying regulations over tobacco and growing competition,” the [...]
SEOUL, Dec. 8 (Korea Bizwire) — Asiana Airlines Inc., South Korea’s second-biggest carrier, said Wednesday it has scrapped plans to resume flights to Guam in December, in response to the spread of a new coronavirus variant and subsequent travel restrictions. Asiana had been scheduled to reopen the Incheon-Guam route on Dec. 23, as rising vaccination [...]
SEOUL, Nov. 29 (Korea Bizwire) — Nearly half of South Korean hospitality companies were unable to service their debts with earnings in 2020 in the wake of the coronavirus pandemic, a report showed Monday. The report from the Federation of Korean Industries (FKI), the lobby for South Korea’s family-controlled conglomerates, showed 45.4 percent of firms [...]
SEOUL, Nov. 25 (Korea Bizwire) — As part of measures to improve its work environment, Hanjin Transportation Co., a logistics company, will use smartwatches to track the signs of potential health problems among couriers, who are suffering from an excessive workload with the recent surge in online orders. Hanjin said on Tuesday it had distributed [...]
SEOUL, Nov. 22 (Korea Bizwire) — Asiana Airlines Inc., South Korea’s second-biggest carrier, said Monday it will resume flights to Guam late next month to preemptively respond to pent-up travel demand amid rising vaccinations and eased virus curbs. Asiana plans to run a 188-seat A321NEO plane and operate two flights a week on the Incheon-Guam [...]
SEOUL, Nov. 22 (Korea Bizwire) — South Korean logistics giant CJ Logistics Corp. said Sunday that it will build a ‘twin warehouse’ in a virtual network that closely resembles one from the real world to anticipate future warehouse stocks. ‘Digital twin’ technology refers to building a virtual space that’s identical to one in the real [...]