SEOUL, June 15 (Korea Bizwire) — Korean Air Lines Co., South Korea’s national flag carrier, said Tuesday it has opened up a new agency at the Korea Aerospace Research Institute in Daejeon to develop a next-generation stealth unmanned aerial vehicle (UAV). The new agency comes as a part of the company’s strategy to further develop [...]
SEOUL, June 9 (Korea Bizwire) — Korean Air Lines Co., South Korea’s national flag carrier, said Thursday it will resume three long-haul routes next month as eased travel restrictions unleashed pent-up travel demand. Korean Air will offer three flights a week on each of the routes from Incheon to two European cities, Milan and Vienna, [...]
SEOUL, May 23 (Korea Bizwire) — Flag carrier Korean Air Lines Co. is seeking to resume the direct flight between Incheon and Bali from mid-July after a two-year hiatus due to the pandemic, industry sources said Monday. Korean Air filed for resuming the direct Incheon-Bali flight July 14 to the land ministry on the day, [...]
SEOUL, May 4 (Korea Bizwire) — Korean Air Lines Co., South Korea’s national flag carrier, said Wednesday it shifted to a net profit in the first quarter from a year earlier on increased cargo deals. Korean Air swung to a net profit of 543.85 billion won (US$429 million) for the three months ended in March [...]
SEOUL, May 4 (Korea Bizwire) — South Korean national flag carrier Korean Air Lines Co. said Wednesday it will extend the suspension of its Russian routes until any new positive development happens in the Russia-Ukraine war. In March, Korean Air said it will halt the operation of passenger jets to Moscow and Vladivostok, and cargo [...]
SEOUL, April 21 (Korea Bizwire) — Korean Air Lines Co., South Korea’s national flag carrier, said Thursday it was slapped with a fine of 110 billion won (US$89 million) in Russia due to the omission of its departure process at a Moscow airport a year ago. Russia’s customs authorities imposed the fine, arguing Korean Air’s [...]
SEOUL, April 12 (Korea Bizwire) — South Korean national flag carrier Korean Air Lines Co. said Monday it will take part in a government-led research and development project for an urban air mobility (UAM) surveillance information acquisition system. Under the project led by the Ministry of Land, Infrastructure and Transport, Korean Air will develop the [...]
SEOUL, March 15 (Korea Bizwire) — South Korean national flag carrier Korean Air Lines Co. said Tuesday it will suspend routes to Russia until the end of April due to safety concerns involving Russia’s invasion of Ukraine. Korean Air will temporarily halt the operation of passenger jets to Moscow and Vladivostok, and cargo planes that [...]
SEOUL, Feb. 22 (Korea Bizwire) — South Korea’s antitrust regulator said Tuesday it has decided to conditionally approve a deal by Korean Air Lines Co., the country’s biggest carrier, to buy the debt-ridden Asiana Airlines Inc. The Fair Trade Commission (FTC)’s decision does not complete Korean Air’s proposed takeover of the country’s No. 2 carrier [...]
SEOUL, Feb. 18 (Korea Bizwire) — Korean Air Lines Co., South Korea’s biggest carrier, said Friday it will use more environmentally friendly aviation fuel on its Incheon-Paris route as part of efforts to join global efforts to reduce carbon emissions. The move to use the so-called sustainable aviation fuel (SAF) for the route comes as [...]