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An Asiana A380 in Seoul (Photo: AirlineGeeks | Ben Suskind)

Aviation-Centered Mergers and Acquisition in South Korea Slow to a Halt

With COVID-19 raging throughout the world, the aviation industry has experienced its longest battle in decades. In South Korea, mergers and acquisitions have halted since the pandemic began, a development that has proven particularly impactful for the aviation industry and those looking to take part in it. HDC Hyundai Development Company (HDC) inked a deal to acquire a nearly 31% stake in Asiana Airlines from Kumho Asiana Group in December, a transaction that was expected to complete by Jun 27.…

Korean Carriers Seek Financial Support from Government

With the coronavirus pandemic raging through the world, the aviation industry is facing unprecedented times. South Korea, one of the hotspot outside China in Asia, could experience a nightmare scenario. The Korea Civil Aviation Association (KCA) demanded the government offer a bailout package to airlines amid the unparalleled crisis.  KCA…

Asiana LAX-Bound A380 Catches on Fire in Seoul

The engine of an Asiana Airlines Airbus A380 caught on fire during refueling at Incheon International Airport in Seoul on Friday afternoon. The plane, HL7652, was about to carry out flight OZ 202 to Los Angeles International Airport (LAX). Travelers inside the terminal saw smoke and sparks coming from the…

New York-JFK’s Ultra-Modern Aircraft Renaissance: Asiana Airlines Announces A350 Service…

Asiana Airlines announced both in an Instagram post and on its website that it will be sending its Airbus A350-900XWB aircraft to New York in late October. ASIANA350, as the Seoul-based airline referred to its newest ultra-modern aircraft, will be replacing its largest aircraft, the Airbus A380, on the route…