Korean Air receives bank greenlight for Asiana takeover
On June 30, 2021, the biggest South Korean airline, Korean Air, got the green light from the Korean…
Korean Air
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Stay updated with AeroTime’s latest news and detailed features on Korean Air.
Korean Air Lines Co., Ltd. is the flag carrier of South Korea and its largest airline based on fleet size, international destinations, and international flights. It is owned by the Hanjin Group.
Asiana raises $97 million from corporate bonds issue
Asiana Airlines raised W110 billion ($97 million) from the issuance of private corporate bonds. This is the first…
Korean Air to fund Boeing Dreamliner order via “green” bonds
Korean Air plans to issue Environmental, Social, and Governance bonds (or “ESG” bonds) in order to raise funds…
Thailand’s watchdog greenlights Korean Air for Asiana takeover
On May 31, 2021, the biggest South Korean airline, Korean Air, got the overseas approval from Thailand’s fair…
Korean Air swings into profit for 4th consecutive quarter
While most of the airlines are still counting losses amid the ongoing pandemic, the Seoul-based carrier Korean Air…
Korean Air to end Q1 2021 with operating profit
While most airlines are still counting losses, the biggest South Korean air carrier Korean Air is expected to…
Asiana Airlines brand to disappear after merger with Korean Air
n a press briefing, the chief executive of Korean Air indicated that following the merger of Asiana Airlines…
Korean Air ends year with $213 million operating profit
While most of the airlines report huge losses amid COVID-19 pandemic, the biggest South Korean air carrier Korean…
Koeran Air to raise cash for Asiana takeover
The biggest South Korean airline Korean Air announced it would raise more money by selling its stock sales…
Korean Air submits report to antitrust regulators over Asiana takeover
On January 14, 2021, the South Korean Fair Trade Commission (FTC) and other foreign antitrust regulators received a…
Korean Air moves forward with Asiana takeover
The biggest South Korea’s airline and flag carrier Korean Air will proceed with its planned Asiana Airlines acquisition.…
No staff cuts after merge with Asiana, says Korean Air
The President of Korean Air reassured employees of the airline that after an ongoing takeover of Asiana Airlines,…
Seoul Court ignites green light in Asiana Airlines’ takeover
The flag carrier of South Korea, Korean Air, received the Seoul court’s approval for further actions in a…
Korean Air to raise $117M through yacht marina asset sale
Korean Air Lines (Korean Air), the flag carrier of South Korea, reached an agreement with two country’s investment…
South Korea to launch new type flights with “no-landing”
The government of South Korea initiated a new type of support for local air carriers. The Minister of…
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…
Korean Air bans cargo transportation of snub-nosed animals
Korean Air has announced that it will no longer transport snub-nosed dogs and cats on its cargo aircraft,…
WSJ: A few fortunate airlines profit in Q2, contributed by cargos
According to the Wall Street Journal, only 4 airlines from Asia, namely China Airlines and Eva Air of…