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Archive by category Aero & Space

U.S. Cargo Airline to Build Large Maintenance Facility at Incheon Airport

U.S. Cargo Airline to Build Large Maintenance Facility at Incheon Airport

SEOUL, Dec. 15 (Korea Bizwire) — Atlas Air of the United States, one of the world’s largest air cargo carriers, plans to build a large-scale aircraft maintenance facility at Incheon International Airport, west of Seoul, the airport’s operator said Thursday. Incheon International Airport Corp. (IIAC), the operator of the nation’s largest airport, said it signed [...]

Korean Air Q3 Net Profit More than Triples on Booming Travel Demand

Korean Air Q3 Net Profit More than Triples on Booming Travel Demand

SEOUL, Nov. 3 (Korea Bizwire) — Korean Air Lines Co., South Korea’s national flag carrier, said Thursday its third-quarter net profit more than tripled on recovering travel demand following eased antivirus curbs. Net income for the three months that ended in September amounted to 431.4 billion won (US$302.6 million), up from 134 billion won tallied [...]