Asiana Airlines continued to lose money in the first quarter, but at a sharply reduced rate.
Becoming a flight attendant in Korea is extremely difficult. Now it’s well-nigh impossible.
Korean Air Lines President Woo Kee-hong, right, sits down with members of the Korean Air Lines labor unions, including the head of the airline’s pilot union Choi Hyun, at the company headquarters in Gangseo District, western Seoul, on Wednesday.
State-owned Korea Development Bank (KDB) proposed a meeting with Asiana Airlines labor unions to discuss Korean Air Lines' acquisition of Asiana Airlines.
Korean exporters are expected to suffer from sky-high freight rates throughout next year, as global trade is set to rise down the road amid the pandemic, industry watchers said Sunday.
The Ministry of Land, Infrastructure and Transport has approved a request by Korean Air Lines to remodel passenger aircraft to carry more cargo.
Korea’s airline industry is suffering from a sharp decline in the number of transit passengers because of rules to prevent Covid-19 coming into Korea — even though transit passengers never even leave the airport.
Korean Air Lines will probably announce a profit for the second quarter despite a sharp decline in the passenger demand due to the pandemic. Its key to staying in the black: global cargo demand.
Hanjin KAL announced Thursday it will invest up to 300 billion won ($244 million) to purchase a portion of the 1 trillion won in new stock Korean Air Lines will issue later this year