SEOUL, Nov. 21 (Korea Bizwire) — The European Union has concluded the passenger service-related remedial commitments offered by South Korean flagship carriers Korean Air Co. and Asiana Airlines Inc. for their proposed merger have been fulfilled, according to the EU’s executive body Thursday. Korean Air has divested four European passenger flight routes to low-cost carrier [...]
SEOUL, Nov. 12 (Korea Bizwire) – The government said Tuesday all aircraft takeoffs and landings across South Korea will be temporarily prohibited to keep noise down during this year’s annual College Scholastic Ability Test (CSAT) later this week. According to the transportation ministry, aircraft takeoffs and landings will be restricted for 35 minutes between 1:05 [...]
SEOUL, Nov. 9 (Korea Bizwire) – South Korea and the United States have agreed to hold a new table-top exercise against space-based threats next year, Seoul’s defense ministry said Friday, amid efforts to bolster security cooperation in the increasingly important domain. Defense officials from the two countries agreed to stage the discussion-based exercise for the [...]
SEOUL, Nov. 6 (Korea Bizwire) — South Korea’s industry ministry said Wednesday it has launched a project to develop homegrown space rovers amid the growing global competition for lunar exploration. The government has reached an agreement with 13 institutions and companies, including Hyundai Motor Co., to develop around 10 key rover components with a combined [...]
BUSAN, Oct. 29 (Korea Bizwire) — A direct flight route connecting South Korea’s regional airport in Busan to Bali, Indonesia, is set to begin service this week as the first long-haul direct line outside the capital area, the city government said Tuesday. Starting Wednesday, a flight will operate between Busan to Bali four times a [...]
SEOUL, Oct. 3 (Korea Bizwire) — The transport ministry said Thursday it has imposed fines on Saudia Airlines, Qatar Airways and eight other domestic and foreign airlines for violating South Korea’s aviation law. Saudia Airlines was slapped with a fine of 100 million won (US$75,500) for suspending its flights linking Incheon and Riyadh without permission [...]
SEOUL, Sept. 25 (Korea Bizwire) — Hyundai Glovis Co., the logistics unit of Hyundai Motor Group, said Wednesday it has signed an initial pact with Chinese electric automaker BYD for partnership in the logistics business. Under the “strategic” memorandum of understanding, the two companies will cooperate in global logistics forwarding services and share vessel space [...]
SEOUL, Sept. 24 (Korea Bizwire) — South Korean food company CJ Cheiljedang Corp. said Tuesday it will supply its Bibigo dumpling products to Australia’s Qantas Airways Ltd. as in-flight snacks from next month. CJ Cheiljedang’s two kinds of dumpling products — one based on pork and the other made of pork and kimchi — will [...]
SEOUL, Sept. 17 (Korea Bizwire) – Smoking accounted for more than 80 percent of in-flight illegal acts reported by South Korea’s 10 carriers in the past five years, government data showed Tuesday. In the five years through July this year, 1,509, or 80.8 percent, out of 1,868 illegal acts were related to smoking onboard, according [...]
SEOUL, Sept. 5 (Korea Bizwire) – As international travel demand surges, foreign airlines operating in South Korea are facing a consumer complaint rate three times higher than that of domestic carriers, according to a report released on September 4 by the Korea Consumer Agency (KCA). The KCA reported that from last year through the first half [...]