SEOUL, April 17 (Korea Bizwire) – South Korean defense giant Hanwha Aerospace Co. said Thursday it has signed a memorandum of understanding (MOU) with a Romanian university to expand industry-academia collaborations in the Eastern European country. The trilateral agreement with the University of Science and Technology Politehnica Bucharest and South Korea’s Pusan National University aims [...]
SEOUL, April 16 (Korea Bizwire) — Senior Air Force officials from South Korea and the United Arab Emirates (UAE) on Wednesday signed a letter of intent for comprehensive cooperation on the South’s homegrown fighter jets, the South Korean Air Force said. Air Force Chief of Staff Gen. Lee Young-su and Maj. Gen. Rashed Mohammed A. [...]
SEOUL, April 11 (Korea Bizwire) — Korean Air Co., South Korea’s leading air carrier, said Friday its first-quarter sales rose 3 percent on-year thanks to increased demand in both the passenger and cargo business divisions. Sales for the three-month period ending in March reached 3.96 trillion won (US$2.7 billion), while operating profit dropped 19 percent [...]
SEOUL, April 8 (Korea Bizwire) — South Korean defense giant Hanwha Aerospace Co. said Tuesday it has signed a 402.6 billion-won (US$274.3 million) deal to supply key components for Poland’s self-propelled howitzers. Under the agreement with Poland’s state-run Huta Stalowa Wola (HSW), the South Korean company will deliver components, including powerpacks, to be integrated into [...]
SEOUL, March 18 (Korea Bizwire) — South Korean low-cost carrier (LCC) Eastar Jet Co. said Tuesday it will add a physical fitness test category in its cabin crew hiring process starting this year. The addition aims to assess the essential physical strength of cabin crew members, as they are responsible for handling emergency situations during [...]
SEOUL, March 17 (Korea Bizwire) — Korean Air Co., South Korea’s flagship air carrier, said Monday it plans to expand and revamp its lounge facilities at Incheon International Airport, the main gateway to Seoul. The airline will establish new Prestige Garden lounges at the airport’s newly constructed east and west sections, while the existing Prestige [...]
SEOUL, March 12 (Korea Bizwire) — Jeju Air Co. reclaimed its lead position among South Korea’s low-cost carriers (LCCs) last month, government data showed Wednesday, following a temporary decline in passengers due to a fatal crash that claimed the lives of 179 passengers in December. According to the data from the transport ministry, Jeju Air [...]
SEOUL, Feb. 27 (Korea Bizwire) — Korean Air Co., South Korea’s leading air carrier, said Thursday it has received the highest 5-star airline rating from Skytrax, one of the world’s most prestigious air transport rating organizations, for a fifth consecutive year. Skytrax, founded in London in 1989, launched its World Airline Star Rating program in [...]
SEOUL, Feb. 24 (Korea Bizwire) — Muan International Airport, which had been completely closed due to the Jeju Air passenger plane crash on Dec. 29 last year, has resumed flights for emergency medical care and educational training after 56 days, airport officials said Monday. Aviation authorities permitted flights approved by the airport’s control tower for [...]
SEOUL, Feb. 14 (Korea Bizwire) – South Korean low-cost carrier (LCC) Eastar Jet Co. said Friday it was investigating a misconduct case involving a cabin crew’s taking of personal photos on the wing of a company aircraft at a domestic airport this week. Several flight attendants of the airline were found to have taken personal [...]