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Korean Air Introduces New Service Enabling Passengers to Check Luggage Location

Korean Air Introduces New Service Enabling Passengers to Check Luggage Location

SEOUL, June 1 (Korea Bizwire) — Korean Air Lines Co., the country’s top flag carrier, launched a new notification service on Monday for all international passengers departing from Incheon International Airport enabling them to check that their luggage is safely loaded onto the aircraft. Passengers can use a Korean Air mobile app to see if [...]

Creditors to Inject 1.2 tln Won into Virus-affected Korean Air

Creditors to Inject 1.2 tln Won into Virus-affected Korean Air

SEOUL, April 24 (Korea Bizwire) — South Korea’s two state-owned lenders said Friday that they will inject 1.2 trillion won (US$972 million) into the country’s top airline, Korean Air Lines Co., to help the company weather the impact of the COVID-19 outbreak on the airline sector. The Korea Development Bank (KDB) and the Export-Import Bank [...]

Korean Air Mulls 1 tln-won Stock Offerings to Tide Over Virus Impact

Korean Air Mulls 1 tln-won Stock Offerings to Tide Over Virus Impact

SEOUL, April 20 (Korea Bizwire) — Korean Air Lines Co., South Korea’s biggest carrier, is considering stock offerings worth up to 1 trillion won (US$820 million) as part of self-help measures amid the growing coronavirus impact on the airline sector, financial sources said Monday. Korean Air is in talks with major securities companies to raise [...]