Korea's two biggest carriers — Korean Air Lines and Asiana Airlines — said Monday they will ground all Boeing 777 passenger jets following a recent engine failure incident in the United States.
Asiana Airlines continued to report losses last year as revenue shrunk 40 percent.
Korean Air Lines received approval from Turkey to acquire Asiana Airlines.
Korean Air Lines reported a net loss last year, as Covid-19 restricted international travel, but less than the year before.
Korean Air Lines has been challenged left and right as it tries to acquire Asiana Airlines, with angry major shareholders raising a litany of questions about the deal, which was first signed in November.
Korean Air Lines shareholders on Wednesday approved a revision to the company's articles of association to allow for an increase in the number of shares issued, a move necessary for the acquisition of Asiana Airlines.
According to Asiana Airlines, Russian-developed Sputnik V vaccines were delivered to Russia twice on Friday and then once on Tuesday. That makes Asiana the first airline to ship Covid-19 vaccines in a finished state overseas.
Becoming a flight attendant in Korea is extremely difficult. Now it’s well-nigh impossible.
Asiana Airlines on Wednesday cancelled the rest of its no-landing international flights scheduled for this month due to the resurgence of the Covid-19 outbreak.
In a move both practical and possibly highly symbolic, Korean Air can now check you through if you are later connecting to an onward Asiana flight.