airline industry Archives | Be Korea-savvy

Airline Industry Regains Vitality in Freight Sector

SEOUL, June 9 (Korea Bizwire) — The airline industry, facing one of an almost existential crisis posed by the coronavirus, is making unexpected progress in the shipping sector. Korean Air Lines Co., the country’s top flag carrier, said Sunday that its international shipping in April reached 104.6 tons, up by 12 percent from last year. [...]

Gov’t Pays for Tickets in Advance to Support Aviation Industry in Crisis

SEOUL, May 4 (Korea Bizwire) – The government has decided to pre-purchase airline tickets in a bid to help the airline industry, which is suffering from the prolonged outbreak of the new coronavirus. The Ministry of Land, Infrastructure and Transport said Sunday it has signed a business agreement with airlines and decided to prepay 15.5 [...]