Korean Air

The AirlineGeeks Podcast Episode 23: Airlines Under Pressure

Thank you for reading the AirlineGeeks Podcast Recap. This article gives a brief look at last week’s episode of our news podcast. For our full analysis of each of these stories, you can listen to The AirlineGeeks Podcast on Spotify, Google Podcasts, Apple Podcasts or through our distributor, Anchor. We start our episode with a […]

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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 Seoul for $1.62 billion. The airline will become the world’s 10th largest airline after the […]

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Korean Air Suspends Flights, Adjusts Premium Classes and Freighter Fleet

Korean Air announced Monday that it is scaling back a significant number of flights due to the decrease in passenger volume because of the coronavirus. In a press release, the airline announced it would be either suspending or reducing the frequency on dozens of flights in both its international and domestic networks. Beginning Aug. 1, […]

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Korean Air Resumes Flights to Tianjin, China

Korean Air will be resuming passenger flights to Tianjin in neighboring northeast China after five months of service suspension. Flights between Incheon International Airport and Tianjin were suspended in early February due to the COVID-19 outbreak in China. According to Korean Air, flights will run every two weeks on Tuesdays during July and August. Frequencies […]

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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 warned that the pandemic put […]

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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 showed the passenger volume to China dropped by 85 percent, meanwhile, the Japanese and Southeast […]

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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 a leisure company, which Korean Air wholly owns, that operates a resort in Incheon, South […]

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Peach Becomes First Japanese Carrier to Cut Services to South Korea

Japanese Low-Cost Carrier, Peach Aviation, is the first Japanese airline to respond to rising tensions between Japan and South Korea. The low-cost carrier based at Kansai Airport in Osaka is suspending and reducing flights between the two neighboring countries. According to Peach, the decision to reduce services to South Korea is strategic. “We’ve taken the […]

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Peach Becomes First Japanese Carrier to Cut Services to South Korea

Japanese Low-Cost Carrier, Peach Aviation, is the first Japanese airline to respond to rising tensions between Japan and South Korea. The low-cost carrier based at Kansai Airport in Osaka is suspending and reducing flights between the two neighboring countries. According to Peach, the decision to reduce services to South Korea is strategic. “We’ve taken the […]

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