South Korea

Asiana Airlines narrows losses due to cargo business growth

Asiana Airlines said that it narrowed its losses in 2020 due to cargo business growth....


Korean Air ends year with $213 million operating profit

Korean Air ended 2020 with $213 million operating profit....


Korean Air moves forward with Asiana takeover

Korean Air moves forward with Asiana Airlines takeover, as its shareholders approved to sell new shares by amending its articles of association.   ...


South Korea’s Aero K start-up airline gets flight certificate AOC

South Korean start-up airline Aero K received the Air Operator Certificate (AOC) for international and domestic air travel operations....


South Korea eases dry ice rules to help vaccine transport

South Korea raised the limit of dry ice a plane can carry which will allow planes to transport more containers of COVID-19 vaccines....


South Korea to launch new type flights with “no-landing”

The government of South Korea will launch a new type of “no-landing” flights to support its local airlines.  ...


Unpaid leave before first flight - South Korean LCCs in dilemma

Last year, South Korea added three new low-cost airlines to its aviation market, but the sudden outbreak of COVD-19 has put them in a dilemma. One of them has already announced unpaid leave for employ...


Asiana receives $2B injection from S. Korea after HDC deal fails

South Korea plans to inject $2 billion (2.4 trillion won) to Asiana Airlines after the carrier’s acquisition deal between its parent company Kumho Industrial and Hyundai Development Company (HDC) failed on September 11, 2020....


South Korea begins assembly of KF-X fighter jet prototype

Korea Aerospace Industries (KAI) began an assembly of KF-X, the first South Korean indigenous fighter jet. The plane is said to bear similarity to Lockheed Martin F-35A and eventually replace the ageing fleet of Korean F-4s and F-5s....


South Korea confirms development of first aircraft carrier

To better defend its interests overseas, the Republic of South Korea plans to build the first aircraft carrier in the history of its navy. The ship should be launched by the end of the decade....