All Korean Air articles – Page 2
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NewsKorean eyes March launch of Boeing 737 Max flights
Korean Air aims to begin Boeing 737 Max operations from the start of March after taking delivery of its initial example on 13 February.
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In depth
How far through the crisis are Asia-Pacific’s biggest airlines?
Airlines in Asia-Pacific paradoxically, are both among the hardest hit yet also the most profitable since the crisis hit. No region’s international passenger business has been harder by the pandemic than Asia-Pacific’s airlines, as international borders have remained all but shut and only started reopening in the last quarter of ...
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News
Vietnam approves Korean Air-Asiana merger
Vietnam’s competition regulators have approved Korean Air’s acquisition of rival and compatriot Asiana Airlines, the latest country to green-light the merger.
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News
Malaysia approves Korean Air-Asiana merger
Malaysian aviation regulators have cleared the merger between Korean Air and Asiana Airlines, becoming the latest in a growing list of regulators around the world to grant approval.
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Analysis
Korean Air bucks industry trends
If you want to cite an airline that has been particularly good at bucking industry trends during the Covid-19 crisis, it is difficult to look beyond Korean Air.
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News
Korean Air to retire A380s in five years, 747-8Is in ten: CEO
Korean Air plans to entirely exit four-engined passenger aircraft within the next ten years.
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Interview
Korean Air chief eyes transformational years beyond Covid-19
Walter Cho stepped into the top job at Korean Air in April 2019, and with an ambitious acquisition stands to transform the South Korean air travel market in the 2020s.
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News
Malaysia proposes to approve Korean Air-Asiana merger
Malaysia’s aviation regulators have proposed to approve the merger between Korean Air and Asiana Airlines, noting that the move “would not infringe” local laws.
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News
Korean Air’s operating profit rises on record cargo performance
Korean Air lifted its second quarter operating profit 31% to W197 billion ($174) million on the back of a record performance from its cargo business.
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News
Korean Air on track for Asiana acquisition
Korean Air has cleared another milestone in its acquisition of Asiana Airlines, with state-backed Korea Development Bank (KDB) approving the carriers’ integration plan.
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News
Korean Air to maintain Asiana’s PW4000 engines
Korean Air and compatriot Asiana Airlines have inked a multi-year engine MRO contract, covering the latter’s Pratt & Whitney PW4090 powerplants.
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In depth
What future does the A380 have in a post-pandemic travel world?
Already a luxury of debatable value to many operators before the crisis, the A380 appears even less well-suited to a market featuring depressed travel demand and a focus on cargo
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News
Korean Air outlines big task of Asiana integration
Korean Air president Woo Keehong has outlined the gargantuan task of integrating Asiana Airlines, in addition to getting regulatory approvals for the deal.
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News
Korean Air president sees substantial recovery from 2022
Korean Air believes the strong performance in its cargo business will slow the second half of 2021, with passenger flights resuming and bellyhold capacity re-entering the market.
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News
Korean Air floats 2024 for finalisation of Asiana acquisition
Korean Air estimates that “all aspects” of its acquisition of Asiana Airlines will be finalised by 2024, as the flag carrier has “readjusted” its timeline for international regulatory approvals.
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News
South Korea grounds PW4000-powered 777s
South Korea has temporarily banned all operations of Pratt & Whitney PW4000-powered Boeing 777 aircraft within its airspace.
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In depth
Airline Business special: CEOs to watch in 2021
As the Covid-19 crisis moves into its second year, we feature some of the airline chiefs whose success or otherwise will be bellwethers of the industry’s recovery in 2021.
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News
Korean Air reports $213 million operating profit for 2020
Korean Air has reported a W238.3 billion ($213 million) operating profit in 2020, 17% below 2019 levels, on the back of a strong cargo business and company-wide cost cutting efforts.
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News
Korean Air moves closer towards Asiana acquisition
Korean Air has gained approval from its shareholders to amend its articles of association to help finance its planned acquisition of compatriot Asiana Airlines, moving the carrier a step closer to taking over its rival.
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News
Korean Air to present Asiana ‘integration plan’ in March
Korean Air will prepare an “integration plan” by March relating to its acquisition of embattled rival Asiana Airlines, as it vows not to cut any jobs following the consolidation of the two carriers.
