Korean Air

By Adrian Schofield
A potential hurdle for the proposed Korean Air-Asiana Airlines merger has been removed after the dismissal of a legal challenge that was filed against the deal.
Airlines & Lessors

By David Casey
Korean Air believes its takeover of Asiana Airlines will lead to network expansion and increase the carrier’s overall competitiveness.
Airports & Networks

By Adrian Schofield
The COVID-19 crisis is set to spark major consolidation in the South Korean airline industry, with Korean Air planning to purchase struggling rival Asiana Airlines.
Airlines & Lessors

By Adrian Schofield
The airline forecasts increased cargo demand in the current quarter.
Airports & Networks

By Adrian Schofield
Korean Air has reached an agreement to sell its inflight catering and duty-free businesses, valuing them at KRW990.6 billion ($835 million).
Airlines & Lessors

By Adrian Schofield
The emergence of the COVID-19 outbreak has significantly worsened Seoul-based Asiana’s attractiveness as a business.
Airports & Networks

By Adrian Schofield
Korean Air has managed to buck industry trends by achieving a net profit for the second quarter, thanks mainly to a strong performance by the carrier’s cargo unit.
Airlines & Lessors

By Adrian Schofield
Korean Air has selected a buyer for its inflight catering and duty-free business as part of measures to improve liquidity and meet debt obligations.
Airlines & Lessors

By Adrian Schofield
Korean Air has been cleared to seek additional financing from a new government assistance fund that should help the carrier stay afloat through the COVID-19 crisis.
Airlines & Lessors

By Kurt Hofmann
Carrier to be based 100 km south of Seoul at Cheongju International Airport.
Airports & Networks

By Adrian Schofield
Korean Air predicts losses seen in the 2020 first quarter (Q1) will continue though the current quarter, although there are some positive signs for passenger demand emerging.
Airlines & Lessors

By Adrian Schofield
Korean Air has decided on a substantial issue of new shares as part of its efforts to raise KRW2.2 trillion ($1.8 billion) in funds to boost liquidity during the COVID-19 crisis.
Airlines & Lessors

By Adrian Schofield
Korean Air plans to restore some international routes in June that have been suspended due to COVID-19 travel restrictions. The carrier’s flight cuts
Airports & Networks

By Adrian Schofield
Korean Air is the latest carrier to be offered a major state-backed financial support package to help it survive the COVID-19 crisis.
Airlines & Lessors

By Adrian Schofield
Domestic schedule moves toward normalcy as South Korea recovers from COVID-19 pandemic.
Airports & Networks

By Adrian Schofield
Korean Air plans to reinstate some previously suspended domestic flights in May, a sign that domestic demand is beginning to recover from the COVID-19 crisis in South Korea.
Airlines & Lessors

By Adrian Schofield
Korean Air is putting about 70% of its South Korea-based workforce on leave for up to six months to match the heavily reduced scale of its operations.
Airlines & Lessors

By Adrian Schofield
Korean Air’s transition to a cloud-based IT network has improved its employees’ ability to work from home during the COVID-19 crisis, the South Korean
Airlines & Lessors

By David Casey
A ban on South Korean low-cost carrier Jin Air offering new routes has been lifted.
Airports & Networks

By Adrian Schofield
Korean Air chairman and CEO Walter Cho has succeeded in repelling a challenge to his leadership from a coalition of shareholder groups allied with his sister Heather Cho.
Airlines & Lessors

By Adrian Schofield
Korean Air is introducing new measures to reduce its costs and boost revenue to offset the sharp drop in demand caused by the COVID-19 pandemic.
Airlines & Lessors

By Adrian Schofield
Korean Air’s parent company Hanjin KAL has hit back with regulatory complaints against two shareholders that are attempting to take over management control of the flag carrier.
Airlines & Lessors

By Adrian Schofield
Korean Air has begun using grounded Airbus A330 passenger aircraft for some cargo-only flights and intends to extend this initiative to more destinations.
Airlines & Lessors

By Wesley Charnock
The current crisis means that the relationships we've forged are more important than ever.
Airports & Networks

By Adrian Schofield
South Korea has reported the largest number of COVID-19 coronavirus cases outside of China.
Airports & Networks