SEOUL, June 12 (Korea Bizwire) — South Korea’s antitrust regulator said Thursday that it has rejected a proposed mileage integration plan submitted by Korean Air Lines Co. and Asiana Airlines Inc., citing insufficient details and consumer benefit concerns. The Fair Trade Commission (FTC) said the plan, submitted earlier in the day as part of the [...]
SEOUL, May 31 (Korea Bizwire) — Korean Air announced Friday the release of its first upcycled merchandise using parts from a retired Airbus A380 aircraft, marking a new phase in the airline’s sustainability-driven product line. The carrier introduced two limited-edition items — name tags and golf ball markers — crafted from the fuselage of aircraft [...]
SEOUL, May 28 (Korea Bizwire) – Leading South Korean aerospace and defense companies presented next-generation unmanned and naval combat technologies at the 2025 International Maritime Defense Industry Exhibition (MADEX) in Busan on Wednesday. Korean Air Co. has showcased its artificial intelligence (AI) powered micro unmanned aerial vehicles (UAVs), medium-altitude UAVs and a mock-up of the [...]
SEOUL, May 9 (Korea Bizwire) — Korean Air Lines Co., South Korea’s leading air carrier, said Friday it will acquire a 10 percent stake in WestJet, Canada’s second-largest airline, in a bid to strengthen its presence in the North American market. The South Korean airline’s board approved the US$220 million deal earlier in the day, [...]
SEOUL, April 30 (Korea Bizwire) – Korean Air Lines Co., South Korea’s leading air carrier, said Wednesday it plans to invest 1.2 trillion won (US$844.3 million) to establish a next-generation aviation research and training hub in Bucheon, west of Seoul. The company plans to break ground on the 65,800 square-meter facility in 2027, with the [...]
SEOUL, April 11 (Korea Bizwire) — Korean Air Co., South Korea’s leading air carrier, said Friday its first-quarter sales rose 3 percent on-year thanks to increased demand in both the passenger and cargo business divisions. Sales for the three-month period ending in March reached 3.96 trillion won (US$2.7 billion), while operating profit dropped 19 percent [...]
SEOUL, March 17 (Korea Bizwire) — Korean Air Co., South Korea’s flagship air carrier, said Monday it plans to expand and revamp its lounge facilities at Incheon International Airport, the main gateway to Seoul. The airline will establish new Prestige Garden lounges at the airport’s newly constructed east and west sections, while the existing Prestige [...]
SEOUL, Feb. 27 (Korea Bizwire) — Korean Air Co., South Korea’s leading air carrier, said Thursday it has received the highest 5-star airline rating from Skytrax, one of the world’s most prestigious air transport rating organizations, for a fifth consecutive year. Skytrax, founded in London in 1989, launched its World Airline Star Rating program in [...]
SEOUL, Feb. 10 (Korea Bizwire) – Korean Air Co., South Korea’s leading air carrier, said Monday it has been named the best airline of 2025 by Airline Ratings, a prestigious Australia-based aviation and travel publication. Korean Air was ranked No. 1 in a comprehensive evaluation of over 350 airlines worldwide based on various criteria, including [...]
SEOUL, Dec. 11 (Korea Bizwire) — Korean Air Co. plans to finalize its acquisition of a controlling stake in rival Asiana Airlines Inc. on Wednesday, completing the merger deal between South Korea’s leading carriers that has been sought over the past four years, according to company officials. Korean Air plans to invest 1.5 trillion won [...]