SEOUL, Nov. 21 (Korea Bizwire) — The European Union has concluded the passenger service-related remedial commitments offered by South Korean flagship carriers Korean Air Co. and Asiana Airlines Inc. for their proposed merger have been fulfilled, according to the EU’s executive body Thursday. Korean Air has divested four European passenger flight routes to low-cost carrier [...]
SEJONG, Aug. 2 (Korea Bizwire) – Korean Air, South Korea’s flag carrier, has announced it will no longer offer cup noodles to economy class passengers on long-haul flights. The airline cited an increase in turbulence, attributed to climate change, as the primary reason for this decision, aiming to prevent potential scalding accidents. On August 1, Korean Air [...]
SEOUL, Aug. 1 (Korea Bizwire) — Korean Air Co. said Thursday it will discontinue the provision of instant noodles for economy class passengers on long-haul routes over concerns of burn injuries. South Korea’s leading full-service air carrier said it will revamp its in-flight snack service for long-haul routes, starting Aug. 15. The company will discontinue [...]
SEOUL, July 22 (Korea Bizwire) – Korean Air Co. said Monday that it has signed a memorandum of understanding with Boeing to buy up to 50 airplanes, including 20 777-9s, in a bid to upgrade its fleet. Under the deal valued at roughly 30 trillion won (US$21.6 billion), Korean Air, the country’s largest flag carrier, [...]
SEOUL, Jul. 22 (Korea Bizwire) — Korea Air Co., South Korea’s leading air carrier, said Monday it has received its first 787-10 Dreamliner passenger jet from Boeing Co. and will launch its inaugural flight this week. The full service carrier said it will introduce the next-generation, eco-friendly passenger jet in its route connecting Incheon International [...]
SEOUL, Mar. 7 (Korea Bizwire) — The government said Thursday it plans to closely monitor air ticket prices amid concerns of market monopolization from an envisioned merger between Korean Air Co. and Asiana Airlines Inc. The Ministry of Land, Infrastructure and Transport announced the measures centered around the transport and logistics infrastructure for 2024 at [...]
SEOUL, Feb. 13 (Korea Bizwire) — Korean Air Co. and Asiana Airlines Inc. have now entered the final stretch of sealing their proposed merger after winning approval by the European Union of the consolidation of South Korea’s two full-service carriers. The conclusion as to whether the companies can ultimately merge themselves into a single mega-carrier [...]
SEOUL, Jan. 2 (Korea Bizwire) — The chief of Korean Air Co., South Korea’s largest air carrier, on Tuesday vowed to complete the airline’s proposed acquisition of domestic rival Asiana Airlines in 2024. In a New Year’s message to employees, Korean Air Chairman and CEO Cho Won-tae said the company “will complete the acquisition of [...]
SEOUL, Jan. 2 (Korea Bizwire) — Korean Air Co. said Tuesday its flights connecting Incheon and Japan’s western prefecture of Ishikawa have been delayed after a major earthquake struck off Japan’s west coast the previous day. According to the company, flight KE775 from Incheon International Airport, west of Seoul, to Komatsu Airport in Ishikawa was [...]
SEOUL, Dec. 6 (Korea Bizwire) — The antitrust regulator of the European Union announced Wednesday it plans to make a provisional decision on whether to approve a merger deal between Korean Air Co. and Asiana Airlines by mid-February. The European Commission (EC), the executive body of the EU, set its provisional deadline for the review by Feb. 14, according to its official [...]