November 29, 2024 11:12 am ET
June 17, 2021 6:00 am ET -
Korean Air Flies Its Longest Nonstop Flight
Korean Air flew its longest flight since its founding in 1969 last weekend using one of its Boeing 777-300ER passenger jets. The jet, registered KE8047, operated a nonstop cargo flight to Miami International Airport on June 12 from Korean Air's…
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…
July 28, 2020 5:00 am ET -
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…
February 8, 2020 12:45 pm ET -
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…
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…