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 the C Series program because it is our breakthrough into the fast-growing Asian market, and […]
When the Chinese manufactured goods market booming in the early 2000s, airlines and investors were looking for ways to get involved in the trade of Chinese exports and invested heavily in creating cargo carriers. Here are two cargo airlines that got there start, and ultimately saw their end, during this period of increased trade in […]
On Friday, the U.S. Department of Transport (DOT) granted approval to the proposed joint venture between Delta Air Lines and the South Korean flag carrier Korean Air. The deal, originally struck on June 23, is now awaiting official approval from the DOT’s Korean counterpart, the Korean Ministry of Land, Infrastructure, and Transport. On gaining approval in […]
While many western companies have seen the rise of corporate conglomerates since the 1990s, the South Korean market has had a long history of Korean conglomerates, which are locally called chaebols, dominating the market. As to be expected, the aviation industry is no stranger to chaebols, with the top three dominating 75 percent of the […]
In September 1983 the Cold War was on the brink of becoming hot. The Soviet Union had shot down a Korean Air Lines Boeing 747 that had strayed over their airspace. The strike resulted in the deaths of all 269 on board, including prominent conservative congressman Larry McDonald. The intentional hit by the Soviets remains […]
Boeing, though often associated with their main facilities in Seattle, has other sites around the U.S. and the world. One of these facilities is their rapidly expanding final assembly and delivery center in North Charleston, S.C. Referred to simply as Boeing South Carolina, the facility is one home (the other being Everett, Wash.) to the […]
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