April 22, 2024 7:00 am ET
February 23, 2021 6:00 am ET -
Safety Regulators Take Action After United Airlines Engine Failure
The airline industry has acted quickly after a United Airlines 777-200 experienced an uncontained engine failure on Saturday, scattering debris across a Broomfield, Colorado neighborhood. Two Pratt & Whitney PW4000 engines powered the incident aircraft, and Boeing and multiple countries…
November 16, 2020 7:43 pm ET -
Korean Air Acquires Asiana Airlines Rival
After being hit hard by the coronavirus for several months, a large merger and acquisition is going to happen in South Korea. Korean Air will acquire a 63.9% stake in Asiana Airlines and its no-frills carrier, Air Busan and Air…
March 10, 2020 12:10 am ET -
Korean Aviation Faces a Critical Moment Amid the Virus Outbreak
After three months of the Coronavirus outbreak, South Korea became one of the most affected countries outside China. According to the Korea Civil Aviation Association, the international passenger volume dropped 65 percent in the last week of February. The figure…
December 24, 2019 7:05 pm ET -
Asiana Airlines Set to Confirm New Sale Deal on Friday
According to local media, Asiana Airlines, the second-largest airline in South Korea, is expected to sell on Friday. The consortium consists of Hyundai Development Co. and Mirae Asset Daewoo Co. After weeks of negotiations, Kumho Asiana Group agreed to sell…
October 22, 2019 12:00 am ET -
Asiana Airlines Temporarily Suspends Seoul to San Francisco Flights
As a result of a tragic accident in 2013, Asiana Airlines is being forced to suspend its daily service from Seoul to San Francisco for 45 days starting Mar. 3, 2020. On July 6, 2013, Asiana flight 214 attempted to…