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.
Korean Air Lines reached agreement with the Korea Development Bank (KDB) on how it will integrate Asiana Airlines into its operations.
Korean Air Lines won the Airline of the Year Award from Air Transport World (ATW), a publication covering the global air transportation industry.
Korean Air Lines, Korea's biggest carrier, said Monday it has obtained its second overseas approval, from Thailand, for its planned acquisition of smaller local rival Asiana Airlines.
Airlines are getting more into merchandising, not so much to make money, they insist, but to make sure people don’t forget about them.