ISTANBUL/SEOUL, July 10 (Korea Bizwire) — A Korean Air plane that departed from Turkiye made an emergency landing in Azerbaijan after a defect was found in one of its engines, the Seoul-based firm said Sunday. The Incheon-bound KE9956 aircraft with 215 passengers and 10 crew members aboard landed at Heydar Aliyev International Airport in the [...]
SEOUL, June 29 (Korea Bizwire) — Korean Air Lines Co. and Asiana Airlines Inc., South Korea’s two biggest carriers, on Wednesday resumed the Gimpo-Haneda route after a two-year suspension due to the COVID-19 pandemic. South Korea and Japan agreed to reopen the route last week. Korean Air and Asiana will operate two flights per week [...]
SEOUL, June 28 (Korea Bizwire) — Korean Air Lines Co., South Korea’s national flag carrier, said Tuesday it will restore its international flights to half of the pre-pandemic levels by September as pent-up travel demand is unleashed amid eased virus curbs. Korean Air currently operates one-third of the 120 international flights it offered before the [...]
SEOUL, June 27 (Korea Bizwire) — Once firmly on the path to recovery from the disruption brought on by the coronavirus pandemic, the South Korean airline industry is now facing a crisis of being trapped in ‘three highs,’ a term describing high inflation, high exchange rates and high interest rates. The price of aircraft fuel [...]
SEOUL, June 16 (Korea Bizwire) — Korean Air Lines Co. is set to impose record fuel surcharges on international routes in July amid soaring jet fuel prices, industry sources said Thursday. Starting July 1, South Korea’s top air carrier will apply a 42,900 won (US$33.30) to 339,300 won surcharge to one-way tickets on international routes, [...]
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 [...]