SEOUL, Oct. 14 (Korea Bizwire) — Korean Air Lines Co., South Korea’s national flag carrier, said Monday it has offered a voluntary leave program to its employees amid deepening losses. In the unpaid leave program, employees who have worked for the company for over two years can take a three-month period of leave starting in [...]
SEOUL, Oct. 10 (Korea Bizwire) — A new commercial for Korean Air Lines Co. is raising controversy over the treatment of animals. Korean Air recently screened a promotional video created for its new flight route opened between Incheon and Boston. The video stars a Boston Terrier sneaking into a Boston bag to try to return [...]
SEOUL, Oct. 2 (Korea Bizwire) — Korean Air Lines Co., South Korea’s national flag carrier, said Wednesday it will open four new routes to China and the Philippines later this month amid declining demand to Japan. Korean Air will begin services on routes to Clark, Philippines, and Nanjing, China, on Oct. 27 and to Zhangjiajie [...]
SEOUL, Sept. 4 (Korea Bizwire) — Korean Air Lines Co., South Korea’s largest air carrier, said Wednesday it has expanded cargo flights to Southeast Asia and South America to cope with the global economic slowdown prompted by the U.S.-China trade war. Korean Air said it has relaunched cargo flights to Manila and to Bangkok, with [...]
SEOUL, Aug. 20 (Korea Bizwire) — Korean Air Lines Co. said Tuesday it will reduce more flights to Japan in the coming months due to lower travel demand to the neighboring country amid a trade dispute. Demand on the Japanese routes has been on a sharp decline since last month when Japan implemented export restrictions [...]
SEOUL, Aug. 19 (Korea Bizwire) — South Korea’s two full-service carriers said Monday they will suspend some domestic cargo services beginning in October as parts of efforts to trim its ballooning losses. Starting Oct. 1, Korean Air Lines Co. and Asiana Airlines Inc. said they plan to halt cargo delivery services at the country’s three [...]
SEOUL, Aug. 1 (Korea Bizwire) — Delta Air Lines, Inc. said Thursday it has increased its stake in Hanjin KAL, the parent company of Korean Air Lines Co., in what it called a just investment. In a report to the bourse operator, the Korea Exchange, Delta said it increased its stake in Hanjin KAL to [...]
SEOUL, Jul. 29 (Korea Bizwire) — Korean Air Lines Co., South Korea’s top carrier, said Monday it will suspend its Busan-Sapporo route from September as travel demand to Japan declines amid escalating trade tension between the two nations. Korean Air plans to cease its three regular weekly flights between the Korean southern port city and [...]
SEOUL, Jun. 21 (Korea Bizwire) — Delta Air Lines Inc.’s surprise move to invest in Hanjin KAL, the parent company of its joint venture partner Korean Air Lines Co., will help its partner fend off growing pressure from a local activist fund to change its leadership and improve its corporate governance, industry sources said Friday. [...]
SEOUL, Jun. 19 (Korea Bizwire) — Korean Air Lines Co. said Wednesday it has signed a deal to purchase 30 B787 passenger jets to modernize its fleet, with delivery set to begin next year. Korean Air signed a memorandum of understanding with Boeing to purchase 20 B787-10 planes and 10 B787-9s at the 53rd International [...]