Asiana Airlines
Korean Air Completes Merger With Asiana Airlines
The flag carrier announced the acquisition in November 2020. Korean Air will invest 1.5 trillion won ($1.07 billion) to acquire a 63.88% stake in Asiana Airlines.
Asiana Airlines Makes Profit, Merger Remains Uncertain
As the airlines around the globe recorded a profit after the pandemic, South Korea’s Asiana Airlines wasn’t left behind and posted a net profit of 1.8 billion won ($1.36 million) in the second quarter of 2023. The sales reached 1.57 trillion won in the second quarter, but operating profit still dropped 48.5% year-on-year due to […]
Korean Air Decreases Flight Frequencies To China
While the airlines across the globe are seeing an upward trajectory, South Korean airlines will scale down its flight operations to China in response to the weakened demand. It came after three months of signing agreement to increase the flight frequencies between two countries. According to the travel figures from the Ministry of Land, Infrastructure […]
Passenger Opens Door on Asiana Airlines Aircraft Mid-flight
A passenger onboard an Asiana Airlines flight was arrested on Friday after opening an Airbus A321’s emergency door mid-flight. The man was taken into custody after landing at Daegu International Airport, and all passengers and crew onboard survived. Roughly a dozen passengers received medical treatment for minor injuries. The aircraft was coming into land when […]
The Acquisition of Asiana Airlines Remains Uncertain
Korean Air could fall short of acquiring Asiana Airlines after clearing 11 hurdles in the past two years. The U.S. is considering filing a lawsuit to block the acquisition. According to Politico, the Department of Justice has been investigating the deal for two years. It came after the potential blockage from the EU. The plan […]
Air Premia Announces Nonstop Flights to U.S.
Air Premia — a South Korean startup carrier — is set to begin service to the United States for the first time beginning on Oct. 29. The budget carrier has had its eyes set on American soil for some time, registering with the United States Department of Transportation (DOT) in July 2021, but holding off […]
South Korea Quarantine Rules Come to an End as Airlines Hope for Relief
South Korea has gradually reopened its border after two years of the pandemic. The decision has come after the flattening of the coronavirus curve in the country. Starting this week, the country will drop its quarantine rules and welcome foreign arrivals regardless of the travelers’ vaccine status. The travelers need to provide a negative result […]
Asiana Airlines Resumes Flights to Hawaii
South Korea’s aviation industry has gradually started recovering from the pandemic. Asiana Airlines — the second-largest carrier in the nation— has resumed its services to Hawaii on Sunday. The resumption comes after the easing of the travel restrictions in South Korea. The airline will operate three times a week services to the tourist hotspot. The […]
Korean Air to Launch Boeing 737 Max Flights from March
Korean Air officially announced its plan to start flying the Boeing 737 Max in March, following the aircraft’s ferried flight from storage to Seoul, South Korea on Feb. 13. The Korean flag carrier confirmed a deal of 30 737 Max in 2015. However, the delivery has been delayed due to two deadly accidents involving the […]
