Debt-laden Eastar Jet is laying off more than 600 employees on Wednesday, half of the remaining 1,200 workers at the budget airline.
The aviation industry has been one of the hardest hit by Covid-19. With travel restrictions now in place around the world, airlines have been unable to operate overseas routes. No flights means no money and no work, so airline employees were put...
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.
Boy band KNK will release its third EP "KNK Airline" on Thursday, making a comeback to the music scene for the first time in over a year. The band's agency 220 Entertainment released a preview video of KNK's new album on Tuesday midnight ...
Korean Air Lines has signed a deal to sell its in-flight catering and duty-free business to private equity firm Hahn & Company in a bid to secure capital as the airline industry struggles in the wake of the coronavirus pandemic.
Jeju Air reported a devastating second quarter performance, with its on-year net profit plummeting almost 200 percent.
On Monday, Korea Development Bank (KDB) accused Hyundai Development Company (HDC) of being uncooperative and unwilling to communicate.
Hours after Jeju Air made its announcement, Eastar Jet said it can't scrap the deal without violating a stock purchase agreement signed by the two parties in March.
Airlines are resuming flights to China as Beijing eases regulations on travel restrictions that followed the Covid-19 outbreak.
T’way Air will start flying international routes later this month. The budget airline announced on Thursday that it is reopening its Ho Chi Minh City, Vietnam and Hong Kong services on July 22, flying routes twice a week.