Korean Air Line

Air cargo boom helps Korean Air to profit rise

Korean Air saw its second quarter profits rise 31%, boosted by record revenue from its cargo division....


No staff cuts after merge with Asiana, says Korean Air

After merging with Asiana Airlines, Korea Air will not cut any of the staff, reassured the President of the airline....


Seoul Court ignites green light in Asiana Airlines’ takeover

The Seoul central district ignited a green light for Korean Air to take further actions in the purchase of Asiana Airlines.  ...


Korean Air to raise $117M through yacht marina asset sale

Korean Air Lines bids to sell its wholly-controlled yacht marina to raise up to $117 million....


Korean Air to become Asiana’s top shareholder

The flag carrier of South Korea, Korean Air, is set to spend $1.62 billion to become the top shareholder of the rival Asiana Airlines....


Korean Air to purchase Asiana Airlines?

Korean Air, the flag carrier of South Korea, seeks to purchase another Korean carrier Asiana Airlines in cooperation with the Korea Development Bank (KDB), local media reported....


Korean Air converts two Boeing 777 into freighters

Korean Air has converted two Boeing 777-300ER airliners into cargo aircraft after cargo revenue for the airline climbed up by 95% to $1 billion.   ...


Will coronavirus send the A380 into early retirement?

As the aviation industry is caught in the coronavirus crisis, American Airlines is accelerating the retirement of its older Boeing 767s. Meanwhile, at least three airlines have grounded their fleets of A380 aircraft, while Emirates is reportedly in discussions to postpone the last eight superjumbos deliveries. With long-haul routes being the most affected by travel bans, the coronavirus could send the giants into early retirement....


Korean Air fears collapse due to coronavirus

Korean Airlines, the flag carrier of South Korea, has been heavily affected by the ongoing coronavirus outbreak, as at least 25 countries have imposed restrictions of entry to passengers from the country. The situation is so intense, that Korean Air is reportedly balancing on the brink of survival. ...


Korean Air: from raging heiresses to chief’s embezzlement probe

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.  ...