Korean Air to Offload Non-Essential Assets, Improve Transparency

Korean Air, South Korea’s flag carrier, is selling its non-essential assets in an effort to improve its financial standing and increase transparency, FlightGlobal reports. The most notable asset the airline will sell is real-estate in downtown Seoul, South Korea and…

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…

Air Premia Plans Early Expansion With Dreamliner Order

Adding to its current fleet of only three aircraft, South Korean hopeful Air Premia has announced an order for five Boeing 787-9 Dreamliners to aid in its low-cost ambitions. The airline, who already has a deal with Air Lease Corporation…

TBT (Throwback Thursday) in Aviation History: Korean National Airlines

Founded in 1946 by Captain Shin Yong-Wook, South Korean carrier Korean National Airlines, or KNA, was formed as a commercial passenger and air cargo airline. Instead of its longer full name, the carrier operated under the name Koreanair. KNA’s inaugural flight…

Korean Air Receives First Bombardier CS300 Jet

On Friday, Bombardier and Korean Air celebrated the delivery of the first CS300 aircraft to the Asian airline. The Seoul-based airline is the Asian launch customer for the new C Series aircraft family. “This is a very important milestone for…