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Korean Air Freezes Fuel Surcharges on Int’l Routes for Aug.

Korean Air Freezes Fuel Surcharges on Int’l Routes for Aug.

SEOUL, July 18 (Korea Bizwire) — Korean Air Lines Co. is scheduled to freeze fuel surcharges on international routes in August despite high jet fuel prices, industry sources said Monday. Starting Aug. 1, South Korea’s leading air carrier will apply a 42,900 won (US$32.6) to 339,300 won surcharge on one-way tickets for international routes, depending [...]

Korean Air Resumes Incheon-Sapporo Route After 2-year Suspension

Korean Air Resumes Incheon-Sapporo Route After 2-year Suspension

SEOUL, July 17 (Korea Bizwire) — Korean Air Lines Co., South Korea’s national flag carrier, on Sunday resumed the Incheon-Sapporo route after more than two years of suspension, as pent-up travel demand was unleashed amid eased virus curbs. Korean Air said it will operate two flights a week on the Sapporo route starting from Sunday. [...]

Korean Air to Restore Flights to Half of Pre-pandemic Level by Sept.

Korean Air to Restore Flights to Half of Pre-pandemic Level by Sept.

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 [...]

S. Korean Airline Industry At Risk of Being Trapped in ‘Three Highs’

S. Korean Airline Industry At Risk of Being Trapped in ‘Three Highs’

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 [...]

Korean Air to Levy Record Fuel Surcharges on Int’l Routes in July

Korean Air to Levy Record Fuel Surcharges on Int’l Routes in July

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, [...]