SEOUL, June 26 (Korea Bizwire) — Air Premia Inc., a South Korean low-cost carrier (LCC), said Monday it opened its Incheon-Frankfurt route last week as part of its expansion strategy on long-haul routes. In July last year, Air Premia started its services by offering flights on the Incheon-Singapore route with one B787-9 passenger jet. But [...]
SEOUL, June 22 (Korea Bizwire) — Jeju Air Co. said Thursday it has started services on the Incheon-Oita route as it moves to absorb rapidly recovering air travel demand amid a nationwide move to return to pre-pandemic normalcy. Jeju Air, South Korea’s biggest low-cost carrier, will start providing three flights a week Tuesday, becoming the [...]
SEOUL, June 16 (Korea Bizwire) — Two affiliates of South Korea’s defense-to-energy Hanwha Group will present their latest space and mobility technologies at next week’s trade show in Paris, including a model of the Korean indigenous Nuri rocket, a Hanwha unit said Friday. Hanwha Systems Co., the defense and ICT unit, said it and Hanwha [...]
SEOUL, June 15 (Korea Bizwire) – Jeju Air Co. said Thursday it will open routes from Incheon to Oita and Hiroshima to absorb rapidly recovering air travel demand amid a nationwide move to return to pre-pandemic normalcy. South Korea’s biggest low-cost carrier will start services on the Incheon-Oita route on June 22 and the Incheon-Hiroshima [...]
SEOUL, June 14 (Korea Bizwire) — Air Premia Inc. said Wednesday it aims to achieve 1.15 trillion won (US$899 million) in sales in 2027 by expanding its fleet and long-haul routes. In July last year, the South Korean low-cost carrier began its services by offering flights on the Incheon-Singapore route with one B787-9 passenger jet. [...]
SEOUL, May 28 (Korea Bizwire) — Asiana Airlines Inc., South Korea’s second-biggest carrier, said Sunday it has stopped selling certain emergency seats of A321-200 passenger jets following a recent incident in which a passenger opened a door of the same aircraft model just before landing. Starting Sunday, Asiana Airlines halted the sale of the 26A [...]
SEOUL & YEOSU, May 25 (Korea Bizwire) — On May 25, the Korean launch vehicle Nuri (KSLV-II) successfully completed its third launch, reaching its intended altitude of 550 kilometers. During the launch, the rocket effectively separated its eight payloads, which included the main satellite called Next Generation Small Satellite-2. Nuri, the name of the Korea [...]
JEJU, May 23 (Korea Bizwire) —The investigation into the incident that disrupted flight operations at Jeju International Airport, a critical national facility, will be concluded without a definitive determination of whether it involved a bird or a drone. The Jeju West Police Station announced their decision due to insufficient evidence to ascertain the circumstances surrounding [...]
SEOUL, May 19 (Korea Bizwire) — The U.S. government is considering suing to block South Korean national flag carrier Korean Air Co.’s planned acquisition of its smaller domestic rival Asiana Airlines Inc. due to competition reasons, a news report has said. The two Korean airlines’ planned merger may harm competition on passenger and cargo traffic [...]
SEOUL, May 3 (Korea Bizwire) — Korean Air Co., South Korea’s biggest carrier by sales, said Wednesday its first-quarter net profit fell 35 percent from a year earlier on higher operating costs. Net profit for the three months ended in March fell to 355.42 billion won from 543.85 billion won (US$406 million) during the same [...]