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 [...]
SEOUL, Feb. 9 (Korea Bizwire) — Passengers on Korean Air Lines Co. flights will now be able to board airplanes by scanning their palms, instead of producing a boarding pass. The South Korea’s national flag carrier said Tuesday that it will introduce the country’s first ‘Bio Self-boarding Service’ for domestic flights, in which passengers can [...]
SEOUL, Jan. 27 (Korea Bizwire) — Korean Air Lines Co., South Korea’s biggest carrier, said Thursday it swung to a net profit last year as increased cargo deals offset a sharp decline in travel demand amid the extended COVID-19 pandemic. Korean Air shifted to a net profit of 638.69 billion won (US$530 million) in 2021 [...]
SEOUL, Jan. 17 (Korea Bizwire) — Amid a decline in the number of passengers on international routes due to the aftereffects of the COVID-19 pandemic, South Korea’s two full-service carriers, Korean Air Lines Co. and Asiana Airlines Inc., which are scheduled to be merged, are expanding the scope of mileage redemption policies as part of [...]
SEOUL, Jan. 4 (Korea Bizwire) — South Korea’s antitrust regulator said Tuesday it will accelerate the review of a deal by Korean Air Lines Co., the country’s biggest carrier, to buy the debt-ridden Asiana Airlines Inc. In November 2020, Korean Air inked a deal to acquire a 63.88 percent stake in its smaller rival Asiana [...]
SEOUL, Dec. 29 (Korea Bizwire) — Korean Air Lines Co., South Korea’s national flag carrier, said Wednesday it has been ordered by Chinese authorities to temporarily suspend its flights to Shenyang over novel coronavirus infections found among passengers aboard its plane that landed there earlier this month. Eight Chinese passengers aboard the Korean Air flight [...]