SEOUL, Aug. 10 (Korea Bizwire) – Asiana Airlines Inc. said Thursday its losses widened in the second quarter from a year earlier due to foreign currency-related losses. Net loss reached 74.7 billion won (US$65.3 million) in the April-June period, compared to a loss of 26.7 billion won a year earlier, the company said in a [...]
SEOUL, Jul. 25 (Korea Bizwire) — Customers are increasingly forgoing established airlines such as Korean Air and Asiana Airlines for cheaper options. On July 24, the Ministry of Land, Infrastructure and Transport released figures that show the overall number of travelers opting for low cost carriers (LCC) for international travel steadily increased from January (24.1 [...]
SEOUL, May 10 (Korea Bizwire) – Asiana Airlines Inc. said Wednesday its net profit more than doubled in the first quarter from a year earlier on currency gains. Net profit for the three months ended March 31 jumped to 96 billion won (US$85 million) from 44 billion won a year earlier, the company said in [...]
SEOUL, April 26 (Korea Bizwire) – Asiana Airlines Inc. on Wednesday received its first A350-900 aircraft that will allow it to strengthen its customer service on international routes starting next month. Asiana, South Korea’s second-biggest flag carrier by sales, will put the wide-body jet that can seat 311 people initially on the Incheon-Manila route from [...]
SEOUL, April 13 (Korea Bizwire) – Asiana Airlines Inc. and Hong Kong Airlines have begun codeshare flights that offer more options for passengers flying to and from Hong Kong, the company said Thursday. Asiana currently offers three to four daily flights on the Incheon-Hong Kong route. Hong Kong Airlines operates one daily flight on the [...]
SEOUL, April 4 (Yonhap) – Asiana Airlines Inc. said Tuesday it will increase flights on routes to Japan and Southeast Asia in the second quarter to offset lower demand from China. Asiana, the country’s second-biggest passenger carrier by sales, will flexibly respond to sharp declines in inbound Chinese travelers by reducing flights on routes to and [...]
SEOUL, Dec. 4 (Korea Bizwire) - Asiana Airlines Inc., South Korea’s No. 2 full-service carrier, said Friday that it will temporarily suspend flight services to Vladivostok, Bali and Yangon due to weak demand. The company said it will halt flights to Vladivostok in Russia’s Far East starting Feb. 1, while services to Indonesia’s resort of Bali [...]
SEOUL, Aug. 26 (Korea Bizwire) — Asiana Airlines, South Korea’s No. 2 flag carrier, said Wednesday it plans to eliminate almost all its first-class seats from its international flights as part of an effort to cut losses. The first-class seat system usually leads to high costs, but most airlines have been holding on to the operations [...]
SEOUL, July 29 (Korea Bizwire) – Asiana Airlines Inc., South Korea’s No. 2 air carrier, has filed a lawsuit to reverse an administrative decision ordering it to compensate a pilot who was grounded after refusing to shave his beard, industry sources said Wednesday. The lawsuit lodged with the Seoul Administrative Court calls for the National [...]
SEOUL, March 22 (Korea Bizwire) – South Korea’s budget carriers are taking joint actions against the country’s No. 2 flag carrier Asiana Airlines Inc.’s move to start another low-cost airline this year, citing negative effects on the industry they say is near saturation. Jeju Air Co., the country’s top budget carrier, as well as Eastar [...]