SEOUL, Oct. 30 (Korea Bizwire) — The board of Asiana Airlines Inc., South Korea’s second-largest air carrier, plans to decide Monday on whether to sell its cargo business, as Korean Air Co. seeks to win antitrust approval from European Union regulators for its takeover of the rival. The EU antitrust regulators have raised concerns that [...]
SEOUL, Oct. 20 (Korea Bizwire) — Asiana Airlines Inc., South Korea’s second-largest air carrier, plans to decide on whether to sell its cargo business later this month, as Korean Air seeks to win antitrust approval from European Union (EU) regulators for its takeover of the rival, industry sources said Friday. Asiana is set to hold [...]
SEOUL, June 22 (Korea Bizwire) — South Korea’s leading steelmaker POSCO is taking active steps to help small and medium-sized enterprises (SMEs) that are having difficulty exporting their products due to a shortage of vessels and recent hikes in freight rates. On Monday, the company signed a memorandum of understanding (MOU) with the state-run Korea [...]
SEOUL, June 15 (Korea Bizwire) — In the midst of the COVID-19 pandemic crisis, South Korea’s flagship carrier Korean Air Lines Co. has set its longest direct flight record. Korean Air’s cargo plane KE8047, which departed from Incheon International Airport at 9:14 pm last Saturday, arrived at Miami International Airport in the U.S. after flying [...]
SEOUL, May 18 (Korea Bizwire) — Korean Air Lines Co. took the extraordinary measure of deploying medium-haul planes on long-haul eastern North American routes starting earlier this month to cope with the recent surge in cargo transport volume. The South Korea’s flagship carrier started operating A330 passenger aircraft as cargo dedicated planes on routes to [...]
SEOUL, Feb. 22 (Korea Bizwire) — Asiana Airlines Inc., South Korea’s second-biggest carrier, said Monday it has converted two additional passenger jets into cargo planes to offset a sharp decline in air travel demand amid the coronavirus pandemic. Asiana has converted two more A350-900 passenger jets into cargo carriers to meet cargo-transporting demands in Asia, [...]
SEOUL, Oct. 22 (Korea Bizwire) – Jeju Air Co., South Korea’s biggest low-cost carrier, said Thursday it will carry cargo using a passenger jet to offset a sharp decline in air travel demand amid the coronavirus pandemic. Jeju Air plans to deploy a B737-800 passenger jet to deliver cargo from Incheon to Bangkok from late [...]
SEOUL, Oct. 19 (Korea Bizwire) — Jin Air Co. said Monday it will begin operating a passenger plane converted to carry cargo to offset a sharp decline in air travel demand amid the coronavirus pandemic. Jin Air plans to deploy the B777-200ER jet, which has been converted into a cargo plane under approval from the [...]
SEOUL, Sept. 9 (Korea Bizwire) — Korean Air Lines Co. said Wednesday it has begun to use two converted planes to transport cargo on routes to the United States in the latest move to offset a sharp decline in air travel demand amid the coronavirus pandemic. The biggest carrier in South Korea has recently converted [...]
SEOUL, June 19 (Korea Bizwire) — Regulations are set to be loosened further to enable airlines to use passenger planes remaining idle due to the coronavirus outbreak to transport cargo more easily. The Ministry of Land, Infrastructure and Transport announced on Thursday that it would ease the fire protection standards for passenger planes to make [...]