Korean Air announced that its fleet of ten Airbus A220s would undergo inspection as requested by U.S. engine manufacturer Pratt & Whitney. A day before, Swiss Air Lines temporarily grounded its aircraft after the third engine incident in less than six months....
South Korea’s two largest carriers with, lately, not so shiny of a reputation, may now be joining forces. Activist fund KCGI, the no. 2 shareholder in parent company of national carrier Korean Air Lines, is reportedly considering taking over rival Asiana Airlines, local media sources indicate....
Boeing, Korean Air and Air Lease Corporation announced on June 18, 2019, at the Paris Air Show the airline plans to add 30 new 787 Dreamliner airplanes to its fleet, with a commitment to purchase 10 new 787-10s and 10 additional 787-9 airplanes valued at $6.3 billion at current list prices....
Cho Yang-ho, Korean Air chairman, has died due to illness at a hospital in the United States on April 8, 2019. The 70-year old had been suffering from chronic lung disease. The news comes weeks after Cho was voted off Korean Air board. ...
Korean Air chairman Cho Yang-ho was ousted from Korean Air board on March 27, 2019. Ironically enough, March 2019 is also the month when Korean Air celebrates its 50th anniversary, inherently connected to Cho and his family....
The heads of South Korea’s two biggest airlines left their seats within a week, amid financial scandals. Chairman and co-CEO of Asiana Airlines, the second biggest airline in South Korean, just quit his position after accounting scandal at the airline. Less than a week before, the head of the country’s flag carrier Korean Air was ousted from the company’s board as he is being investigated for embezzlement. ...
It appears that Korean Air has had enough with no-shows. South Korea’s national carrier wants to impose new monetary penalties on passengers starting this new year, if the government approves. The initiative coincides with a recent incident when K-pop fans not only halted a flight for over an hour, but also claimed compensation from the airline....
It appears that Korean Air has had enough with no-shows. South Korea’s national carrier wants to impose new monetary penalties on passengers starting this new year, if the government approves. The initiative coincides with a recent incident when K-pop fans not only halted a flight for over an hour, but also claimed compensation from the airline....
Another scandal hits the largest airline and flag carrier of South Korea, and this time it involves the man at the top. Korean Air Lines Chairman and CEO is set to stand trial in an embezzlement case as prosecutors say he took millions-of-dollars in fees meant for the carrier by unfairly awarding contracts to family-owned businesses. ...
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-1_crop.jpg "Korean Air to acquire 30 Boeing 787 Dreamliners")
_crop.jpg "Korean Air’s bittersweet 50th anniversary")
_crop.jpg "Korean Air: from raging heiresses to chief’s embezzlement probe")