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S. Korean Airline Industry At Risk of Being Trapped in ‘Three Highs’

S. Korean Airline Industry At Risk of Being Trapped in ‘Three Highs’

SEOUL, June 27 (Korea Bizwire) — Once firmly on the path to recovery from the disruption brought on by the coronavirus pandemic, the South Korean airline industry is now facing a crisis of being trapped in ‘three highs,’ a term describing high inflation, high exchange rates and high interest rates. The price of aircraft fuel [...]

Unilateral Dismissal of Korean Crew Members Stirs Controversy

Unilateral Dismissal of Korean Crew Members Stirs Controversy

SEOUL, March 16 (Korea Bizwire) — A major Chinese airline caused a stir recently when it unilaterally notified Korean flight attendants that they were being laid off. The dismissed crew members are now preparing for legal action. China Eastern Airlines Corp. (CEA) notified Korean flight attendants who were on two-year temporary contracts that they were [...]

Norwegian Automates Electronic Air Cargo Communication with Descartes

Norwegian Automates Electronic Air Cargo Communication with Descartes

WATERLOO, Ontario, Nov. 2 (Korea Bizwire) — Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that low-cost airline Norwegian is using Descartes’ cloud-based Global Air Messaging Gateway solution to help standardize and automate electronic air cargo communication with its customer base of freight forwarders and other trading partners. [...]

Hotels Find Hidden Market in Flight Cabin Crews

Hotels Find Hidden Market in Flight Cabin Crews

SEOUL, Jun. 19 (Korea Bizwire) — Local hotels are looking for tie-ups with airline companies to bring cabin crews to their facilities as they search for hidden markets to survive stiff competition, industry officials said Sunday. Flight attendants and cockpit crews spend nearly half a year overseas and stay up to four days at a [...]

N. Korea’s Air Koryo Operates Flights to Only China, Russia: Report

N. Korea’s Air Koryo Operates Flights to Only China, Russia: Report

SEOUL, Oct. 25 (Korea Bizwire) – The countries to which North Korea’s national carrier, Air Koryo, is now able to operate flights has been limited to only China and Russia at a time many countries have endorsed the U.N. sanctions on the North, a U.S. broadcaster reported Tuesday.  According to the Voice of America (VOA), [...]