The EC has concerns about the proposed merger’s effect on competition on certain routes between South Korea and Europe that are served by both carriers.
Since taking the helm as chairman and CEO at Korean Air in 2019, Walter Cho has rapidly gained a worldwide reputation for industry vision and dynamic management
The European Commission has launched an in-depth investigation into the proposed Korean Air-Asiana merger, which the regulator says could be anti-competitive.
The new routes will mean flights between Seoul and European destinations Amsterdam, Frankfurt, London and Paris will be between 1 hr. 30 min. and 2 hr. 45 min. longer on each one-way leg.
With the South Korean government making a proactive effort to commercialize urban air mobility by 2025, two consortiums have announced plans to develop and test the required ecosystem.
Korean Air has opted to leave the Association of Asia Pacific Airlines (AAPA) as it adjusts its industry group commitments following the impact of the COVID-19 crisis.
Korean Air and Seoul National University have been commissioned by the Republic of Korea Air Force to explore using the Boeing 747-400 passenger aircraft for an air launch system, similar to Virgin Orbit's LauncherOne.
Recent examples show that airlines in Asia-Pacific are willing to devote resources to sustainability efforts at a time when they are also looking under every rock to cut costs.
Automaker Hyundai and the Seoul metropolitan government have signed a memorandum of understanding to enable the development of urban air mobility (UAM) in the South Korean capital.
