SEOUL, Oct. 20 (Korea Bizwire) — Asiana Airlines Inc., South Korea’s second-largest air carrier, plans to decide on whether to sell its cargo business later this month, as Korean Air seeks to win antitrust approval from European Union (EU) regulators for its takeover of the rival, industry sources said Friday. Asiana is set to hold [...]
SEOUL, Oct. 19 (Korea Bizwire) — The number of international travelers on South Korean air carriers during the third quarter reached 85 percent of the level before the COVID-19 pandemic, according to government data Thursday. According to the transportation ministry data, international passengers on South Korean airlines during the July-September period totaled 12.87 million, compared [...]
SEONGNAM, South Korea, Oct. 17 (Korea Bizwire) – South Korea’s KF-21 fighter jet debuted at the annual Seoul Air Base defense exhibition, ADEX 2023. The aircraft, developed by Korea Aerospace Industries (KAI), demonstrated its high maneuverability during a five-minute flight session and was later on display. KAI also presented a newly developed armed helicopter and [...]
SEOUL, Oct. 13 (Korea Bizwire) — South Korea has officially begun preparations for the next launch of homegrown space rocket Nuri aiming to send a next-generation medium-sized satellite into space in the second half of 2025, the state space institute said Friday. Along with officials from the science ministry, related authorities and companies, the Korea [...]
SEOUL, South Korea, Oct. 12 (Korea Bizwire) –South Korea and the United Arab Emirates (UAE) plan to hold their first bilateral aviation talks in four years this week to discuss whether to increase the number of flights connecting the two countries, according to officials Thursday. During the two-day talks from Thursday in Seoul, the [...]
SEOUL, Oct. 11 (Korea Bizwire) – South Korea will host the Seoul International Aerospace & Defense Exhibition 2023, starting next week, featuring domestic military technology. This six-day event will include 550 companies from 35 countries, expecting 290,000 visitors, including 114 military officials from 55 countries. The exhibition will highlight homegrown aircraft and equipment, and the [...]
SEOUL, Sept. 23 (Korea Bizwire) – A recent report reveals that Incheon International Airport has grappled with the impact of illegal drone activities, resulting in over 80 flight disruptions, including delays and diversions, within the past three years. Based on data furnished by the Incheon International Airport Corporation to the National Assembly and made public [...]
SEOUL, Sept. 21 (Korea Bizwire) – Air Premia announced on Wednesday that based on an analysis of in-flight food sales trends over the past three months, ramen was the most popular in-flight meal for long-haul flights, while beer enjoyed the highest popularity for short-haul flights. During the period from June to August, a total of 208,000 [...]
SEOUL, Sept. 10 (Korea Bizwire) –The French defense company Thales Group hopes to deepen cooperation with South Korean partners in the fields of cybersecurity and space technologies, taking the decades long partnership to another level beyond the defense and other conventional sectors, its senior executive has said. Pascale Sourisse, senior executive vice president for [...]
SEOUL, Sept. 3 (Korea Bizwire) — Eastar Jet Co., a South Korean low-cost carrier, said Sunday it has resumed services on international routes after a 3 1/2-year hiatus induced by the COVID-19 pandemic. Eastar Jet began providing three flights a week on the route from Gimpo to Songsan in Taiwan starting Saturday, the company said [...]