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Sat, November 28, 2020 | 00:04
Air Busan to resume flights to China's Ningbo
Air Busan to resume flights to China's Ningbo
Air Busan Co. said Tuesday it will resume flights to the Chinese city of Ningbo next month to meet travel demand from businessmen. The budget carrier unit of Asiana Airlines Inc. will begin offering one flight per week on Dec. 6 on the Incheon-Ningbo route after suspending the route for 10 months due to the coronavirus impact on the airline industry, the company said in a sta...
2020-11-24 10:52
Duty-free benefits to be given on 'international flights without landing'
Duty-free benefits to be given on 'international flights without landing'
The government has decided to allow local airlines to operate international sightseeing flights that fly passengers over other countries without landing and return to Korea, Finance Minister Hong Nam-ki said Thursday, noting that passengers using these flights would be provided with duty-free benefits.
Jun Ji-hye | 2020-11-19 16:03
US regulators clear Boeing 737 MAX to fly again
US regulators clear Boeing 737 MAX to fly again
US regulators on Wednesday cleared the Boeing 737 MAX to return to the skies, ending its 20-month grounding after two fatal crashes that plunged the company into crisis. The Federal Aviation Administration said the approval followed "an unprecedented level of collaborative and independent reviews by aviation authorities around the world."
2020-11-19 10:33
Customer anxiety rises about Korean Air's takeover of Asiana
Customer anxiety rises about Korean Air's takeover of Asiana
Customers are raising concerns about the possible impact of Korean Air's planned takeover of its smaller local rival Asiana Airlines as, if completed, the acquisition will grant the national flag carrier a dominant market position here that could lead to a rise in prices.
Jun Ji-hye | 2020-11-18 16:37
  • No massive layoffs: Korean Air
No massive layoffs: Korean Air
No massive layoffs: Korean Air
Hanjin Group Chairman Cho Won-tae said Wednesday there will be no layoffs or increases in airfare prices after Korean Air acquires the struggling Asiana Airlines.
Kim Yoo-chul | 2020-11-18 16:32
  • Customer anxiety rises about Korean Air's takeover of Asiana
Korean Air chief vows no job cuts in Asiana acquisition
Korean Air chief vows no job cuts in Asiana acquisition
Korean Air Lines Co., South Korea's biggest carrier, will proceed with the deal to acquire its smaller local rival Asiana Airlines Inc. without job cuts, the company's chairman said Wednesday. "The company made a decision to acquire (Asiana Airlines) to make a contribution to the development of the country's airline industry," Korean Air Chairman Cho Won-tae told reporters af...
2020-11-18 13:46
Korean Air to buy Asiana, emerges as world's 10th-largest airline
Korean Air to buy Asiana, emerges as world's 10th-largest airline
Korean Air Lines Co., South Korea's top airline, will buy its smaller local rival Asiana Airlines Inc. in a deal valued at 2.5 trillion won (US$2.3 billion) that would create the world's 10th-biggest airline by fleets, industry sources said Monday. Korean Air will sell new shares worth 2.5 trillion won to finance the deal, with its parent Hanjin KAL Corp. injecting 800 billio...
2020-11-16 11:02
Can Korean Air pave way to become a mega airline?
Can Korean Air pave way to become a mega airline?
Hanjin Group, the owner of the country's leading airline Korean Air, is seeking to acquire Asiana Airlines, according to industry sources and the Korea Development Bank (KDB), the main creditor bank of the debt-ridden Asiana, Friday. If successful, the country's leading airline could become a mega airline ranking within the global top 10.
Kim Hyun-bin | 2020-11-13 15:58
Korea's Hanjin Group reviews buying Asiana Airlines: report
Korea's Hanjin Group reviews buying Asiana Airlines: report
Korea's Hanjin Group, owner of the nation's largest airline Korean Air Lines Co Ltd , is in talks to acquire debt-ridden Asiana Airlines Inc, local media reported on Thursday, citing unnamed investment banking sources.
2020-11-12 20:32
Will Asiana sell long-haul business to Korean Air?
Will Asiana sell long-haul business to Korean Air?
With major creditors of Asiana Airlines failing to find a potential buyer for the cash-strapped carrier, a feasible scenario is emerging that the Korea Development Bank (KDB) will let Korean Air handle Asiana's long-haul business, industry sources said Friday.
Lee Min-hyung | 2020-11-06 16:26
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