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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 [...]

Asiana to Expand Flights to Europe amid Eased Virus Curbs

Asiana to Expand Flights to Europe amid Eased Virus Curbs

SEOUL, May 9 (Korea Bizwire) — Asiana Airlines Inc., South Korea’s second-biggest carrier, said Monday it will expand flights on its European routes later this month as eased virus restrictions unleash pent-up demand. Asiana Airlines will increase flights on the routes from Incheon to Frankfurt and London beginning May 28 and May 30, respectively, the [...]

Asiana Net Losses Deepen in 2021 on FX Losses

Asiana Net Losses Deepen in 2021 on FX Losses

SEOUL, Feb. 15 (Korea Bizwire) — Asiana Airlines Inc., South Korea’s second-biggest carrier, said Tuesday its net losses deepened in 2021 from a year earlier due to increased foreign exchange losses and the continued impact from the pandemic. Net losses widened to 618.15 billion won (US$516 million) last year from 502.97 billion won a year [...]

Asiana Turns Old Uniforms into Tablet Pouches

Asiana Turns Old Uniforms into Tablet Pouches

SEOUL, Jan. 25 (Korea Bizwire) — Asiana Airlines Inc., South Korea’s second-biggest airline, said Monday it had created pouches that can carry 11-inch tablet PCs by recycling old uniforms worn by flight attendants. The tablet pouches were designed after the official uniform worn by flight attendants at Asiana. The company plans to give them out [...]

Korean Air, Asiana Push to Reduce Outstanding Mileage Before Merger

Korean Air, Asiana Push to Reduce Outstanding Mileage Before Merger

SEOUL, Jan. 17 (Korea Bizwire) — Amid a decline in the number of passengers on international routes due to the aftereffects of the COVID-19 pandemic, South Korea’s two full-service carriers, Korean Air Lines Co. and Asiana Airlines Inc., which are scheduled to be merged, are expanding the scope of mileage redemption policies as part of [...]

Asiana Postpones Plans to Resume Guam Route amid Omicron Variant Concerns

Asiana Postpones Plans to Resume Guam Route amid Omicron Variant Concerns

SEOUL, Dec. 8 (Korea Bizwire) — Asiana Airlines Inc., South Korea’s second-biggest carrier, said Wednesday it has scrapped plans to resume flights to Guam in December, in response to the spread of a new coronavirus variant and subsequent travel restrictions. Asiana had been scheduled to reopen the Incheon-Guam route on Dec. 23, as rising vaccination [...]

Asiana to Increase Flights to Singapore on Travel Bubble Deal

Asiana to Increase Flights to Singapore on Travel Bubble Deal

SEOUL, Nov. 8 (Korea Bizwire) — Asiana Airlines Inc., South Korea’s second-biggest airline, said Monday it will increase the number of flights to Singapore starting this month as the two countries recently signed a travel bubble agreement. A travel bubble refers to a quarantine-free travel partnership between two or more cities or countries with similar [...]