Korean Air Lines’ second quarter net profit fell 20 percent on year to 130 billion won ($112 million) on sales that rose 16 percent.
Naver is working with Valex Expert Cargo for the delivery of high-value packages, the e-commerce company said Tuesday. Valex specializes in secure logistics for valuable goods, such as cash and jewelry. It was founded by Han Baig-soo in 1997 ...
Korean Air Lines transported 22 tons of Pablo Picasso artworks from Paris to Incheon for a major exhibition that opens at the Seoul Arts Center Saturday.
Asiana Airlines continued to report losses last year as revenue shrunk 40 percent.
Korean Air Lines transported frozen materials for coronavirus vaccines to the Netherlands on Tuesday, the first such operation by a domestic airline.
Export companies, particularly small- and mid-sized firms, are struggling with an increase in ocean freight charges and a lack of cargo ships
Korean Air Lines swung to net loss in the third quarter as travel demand continued to remain sluggish due to Covid-19 travel restrictions.
Struggling through an unprecedented drop in demand due to the Covid-19 pandemic, Korean Air has set its sights on one potential new business area that wouldn’t have existed without the pandemic: Vaccine transportation.
Throughout his 28-year career, Park Yi-sam enjoyed the perks of living as a pilot. He received a higher salary than his friends and often took his family on overseas trips, not to mention the respect people showed toward him and his family.