SEOUL, May 19 (Korea Bizwire) — The U.S. government is considering suing to block South Korean national flag carrier Korean Air Co.’s planned acquisition of its smaller domestic rival Asiana Airlines Inc. due to competition reasons, a news report has said. The two Korean airlines’ planned merger may harm competition on passenger and cargo traffic [...]
SEOUL, Jan. 17 (Korea Bizwire) — Asiana Airlines Inc., South Korea’s second-biggest carrier, said Monday it has returned all passenger aircraft once used as cargo planes during the pandemic to their original state. The company completed the remodeling of the aircraft ahead of the reopening of international flight routes in recent months. The company converted [...]
SEOUL, Oct. 27 (Korea Bizwire) — Asiana Airlines Inc., South Korea’s second-biggest carrier by sales, said Wednesday it will resume some routes to China next month amid eased virus curbs. Asiana plans to reopen the routes from Incheon to Hangzhou and Shenzhen starting next Wednesday and Nov. 29, respectively, with one flight a week on [...]
SEOUL, Aug. 13 (Korea Bizwire) — Asiana Airlines Inc., South Korea’s second-biggest carrier, said Friday it shifted to a net loss in the second quarter from a year earlier on increased foreign-exchange losses. Asiana swung to a net loss of 212.92 billion won (US$163 million) on a consolidated basis in the three months ended in [...]
SEOUL, July 24 (Korea Bizwire) — Asiana Airlines Inc., South Korea’s second-biggest carrier, resumed its Incheon-Beijing route Saturday after suspending it for more than two years due to the COVID-19 pandemic. An Asiana plane carrying 141 passengers left Incheon International Airport in the morning and arrived at Beijing Capital International Airport, the company said. Before [...]
SEOUL, July 5 (Korea Bizwire) — South Korean logistics giant CJ Logistics Corp. said Monday it had successfully delivered nine T-50B supersonic trainer jets from an air base in nearby Wonju to London to participate in an international air show. The T-50B, the aerobatic aircraft of the South Korean Air Force’s aerobatic flight team, the [...]
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 [...]
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 [...]
SEOUL, April 25 (Korea Bizwire) — Asiana Airlines Inc., South Korea’s second-biggest carrier, said Monday it will reopen the route to India this week as eased virus restrictions unleash pent-up demand. Asiana will offer one flight a week on the Incheon-Delhi route starting Friday after it suspended the route 33 months ago on July 8, [...]
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 [...]