Korean Air will resume “transit exclusive domestic flights” between Busan Gimhae International Airport and Seoul Incheon International Airport from September 30 after being suspended for two and half ...
Korean Air has decided to purchase a 54.9% stake in Jin Air from its parent Hanjin KAL for KRW604.8bn (KRW21,100 per share). Korean Air announced in its public disclosure that the purchase is intended...
The Competition and Consumer Commission of Singapore (CCCS) has approved Korean Airs’ combination with Asiana Airlines. Following its assessment, the CCCS has concluded that Korean Air’s acquisition o...
Pratt & Whitney will expand its global network of providers that maintain the Pratt & Whitney GTF engine to Korean Air, specifically its Korean Air Maintenance and Engineering Division. The facility w...
Korean Air recorded an operating profit for a fifth consecutive quarter thanks to its continuous efforts to boost cargo operations and reduce costs, despite the drop in passenger demand caused by the ...
Hanjin KAL and Korean Air have agreed to acquire Asiana Airlines for at KRW 1.8 trillion (approx. US$1.625bn. In order to secure this amount, Korean Air states that it plans to raise KRW 2.5 trillion ...
Korean Air, the flag carrier of the Republic of Korea, has joined the M2 Transfer Development Program offered by St. Petersburg Pulkovo Airport. Upon completion of the tariff coordination procedure, t...
Delta is expanding in Asia with new service between Hartsfield-Jackson Atlanta International Airport and Seoul Incheon International Airport beginning on June 3, 2017. The daily nonstop flight will op...
The news of the Hanjin Shipping collapse is causing ripples through the shipping and container leasing industry but, as part of the Hanjin Group, it also has ramifications for Korean Air Lines (KAL) a...
GE Capital Aviation Services (GECAS) has signed a purchase-and-leaseback transaction with Korean Air Lines for five new Boeing 777F freighters powered by GE90 engines as part of the carrier’s fleet re...
Korean Air has reported a net loss of KRW251 billion ($216 million) for the second quarter of 2016, which has widened the KRW169 billion net loss reported in the year-ago quarter. Operating profit ros...
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