SEOUL, Aug. 26 (Korea Bizwire) — Korean Air Co. said Tuesday it has signed a US$50 billion agreement to purchase over 100 new planes and aircraft spare engines from Boeing Co. and GE Aerospace during President Lee Jae Myung’s visit to Washington. The deal, the largest in the airline’s history, builds on Korean Air’s previous [...]
BUSAN, Aug. 22 (Korea Bizwire) – A Jin Air airplane bound for Vietnam returned home shortly after takeoff from the southeastern port city of Busan due to a bird strike, industry officials said Friday. The airplane departed Gimhae International Airport in Busan, some 320 kilometers southeast of Seoul, for Nha Trang at 7:55 p.m. Thursday, [...]
SEOUL, Aug. 21 (Korea Bizwire) — Korean Air Co. said Thursday it has partnered with LIG Nex1 Co. to compete for a 1.78 trillion-won (US$1.27 billion) government project to develop an electronic warfare aircraft for the Air Force. The two companies plan to submit their final proposal for the project in early September. If chosen [...]
SEOUL, Aug. 19 (Korea Bizwire) — A low orbit satellite internet service is expected to be launched in South Korea next month, with global providers Eutelsat OneWeb and SpaceX preparing to introduce the next-generation internet access from space, industry sources said Tuesday. Eutelsat OneWeb, a subsidiary of the French business group Eutelsat, has already completed [...]
SEOUL, Aug. 15 (Korea Bizwire) — South Korea will develop its own next-generation Advanced Air Vehicle (AAV) capable of low-noise, eco-friendly, vertical and short takeoff and landing, aiming for a maiden flight in 2030 and mission demonstrations in 2031, the national space and aerospace agency said Thursday. The Korea Aerospace Administration unveiled the plan during [...]
SEOUL, Aug. 14 (Korea Bizwire) — Korean Air Co. said Thursday it has completed the first stage of a large-scale lounge renewal project at Incheon International Airport, introducing redesigned spaces to enhance the preflight experience for customers. The overhaul at the airport, South Korea’s main gateway west of Seoul, includes the fully renovated Miler Club [...]
SEOUL, Aug. 13 (Korea Bizwire) — South Korea’s transport ministry said Wednesday it has introduced a new system with the U.S. Transportation Security Administration (TSA) allowing air travelers from Incheon to Atlanta to connect to onward flights without having to reclaim and recheck their baggage. The ministry said it has begun implementing an international remote [...]
SEOUL, Aug. 11 (Korea Bizwire) — In response to growing demand for enhanced comfort at a more affordable price point, South Korean airlines are increasingly introducing ‘premium economy’ seating, positioned between economy and business class. This new seating option provides more spacious accommodations and upgraded services, catering to passengers seeking better value without the high cost [...]
SEOUL, Aug. 5 (Korea Bizwire) — Korean Air Co., South Korea’s leading air carrier, said Tuesday it will begin offering its newly introduced premium class seats on retrofitted Boeing 777-300ER aircraft in mid-September. Positioned between business and economy seats, the new premium class seats offer enhanced seating and in-flight services, with fares priced at around [...]
TAIPEI, July 25 (Korea Bizwire) — European turboprop aircraft maker ATR on Friday signed a major contract with Taiwan-based Uni Air for 19 new ATR 72-600 aircraft while signaling ambitions to expand into the South Korean market. A signing ceremony was held in Taipei to formalize Uni Air’s plans to modernize and expand its domestic [...]