Korean Air Lines is teaming up with Insitu, a subsidiary of Boeing, to jointly develop an unmanned aerial vehicle.
Local airlines are resuming international flights ahead of the government's plans to announce policies to return life to normal after the pandemic.
Boeing Defense, Space and Security and Korean Air signs an agreement to cooperate to develop vertical lift technology for military rotorcraft.
The V League is back in business, with both the men's and women's leagues set to begin their 2021-22 seasons on Saturday.
Korea's antitrust regulator said Tuesday it plans to complete its review within this year of a deal by Korean Air Lines, the country's biggest carrier, to buy the debt-ridden Asiana Airlines.
The head of the Korea Development Bank (KDB) openly criticized the country's antitrust agency for its lack of support for the ongoing mergers of major Korean companies, such as the merger of Korean Air and Asiana Airlines.
Three Korean military planes are airlifting some 390 Afghans out of the war-torn country, Seoul's Ministry of Foreign Affairs said Wednesday, to come to Korea.
Asiana Airlines reported a 63.4 billion won ($55.1 million) net profit in the second quarter, down 45.4 percent.
Korean Air Lines, South Korea's biggest carrier, said Monday it will consider rerouting flights to avoid Afghanistan's airspace following the Taliban's takeover of Kabul.
Korean Air Lines’ second quarter net profit fell 20 percent on year to 130 billion won ($112 million) on sales that rose 16 percent.