All Korean Air articles
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NewsSierra Nevada begins modifying first 747-8 for ‘Doomsday’ jet replacement programme
Known as the Survivable Airborne Operations Centre, or SAOC, the new fleet of Boeing 747-derivative jets are intended to replace the US Air Force’s Boeing E-4B Nightwatch aircraft, which can serve as an airborne platform for commanding the American nuclear arsenal.
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NewsKorean Air eyes December completion for Asiana merger after securing full EC approval
SkyTeam carrier Korean Air hopes to complete its drawn out acquisition of Asiana Airlines in December after satisfying remedies laid out to secure European Commission approval for the deal.
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NewsHigher fuel, manpower costs dent Korean Air Q2 profits
Korean Air reported a drop in its second-quarter operating profit, despite posting record revenues on the back of strong passenger and cargo demand.
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NewsKorean CEO cites ‘full confidence’ in Boeing’s ability to deliver
Korean Air chief executive Walter Cho has expressed confidence in Boeing’s ability to deliver newly ordered widebody jets on time despite 787 production disruptions and 777-9 certification delays.
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NewsKorean Air puts Air Incheon in pole position for Asiana freighter business
Korean Air expects to sign a framework agreement with Air Incheon next month after picking the cargo carrier as preferred bidder for Asiana Airlines’ global freighter business.
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AnalysisSierra Nevada plans to purchase five commercial jets from Korean Air
Although the US defence contractor would not confirm the intent behind the purchase, the acquisition comes just weeks after Sierra Nevada secured a $13 billion Pentagon contract to build a new fleet of nuclear command and control aircraft.
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NewsKorean Air secures conditional European approval for Asiana acquisition
European competition regulators have conditionally cleared Korean Air’s proposed acquisition of compatriot carrier Asiana Airlines.
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Airline BusinessRegulators in no mood to wave through airline M&A activity
While it quickly became apparent that January 2024 would be remembered as an inauspicious start to the year for airline safety, from the mid-point of the month onwards it was clear that the same would be said regarding consolidation.
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NewsItaly’s ITA Airways seals codeshare with Korean Air
Italian carrier ITA AIrways has agreed a codeshare deal with SkyTeam partner Korean Air.
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News‘Emerging star’ Phu Quoc to see capacity ramp-up as Korean carriers, Vietjet add flights
The Vietnamese city of Phu Quoc will see new services from two Korean operators, while low-cost operator Vietjet will launch more international flights from the tourist hotspot.
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Airline BusinessAirline Business performance tracker: Asia-Pacific Q2 2023
Key data from the most-recent Asia-Pacific earnings period – the April-June 2023 quarter – and the equivalent periods stretching back to the last pre-Covid year, powered by Airline Business Insight
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NewsKorean Air reports ‘moderate’ Q2 profit amid declining cargo market
Korean Air boosted its overall revenue in the second quarter of this year but saw its operating profit fall, as the strong recovery of passenger demand was offset by higher costs and a significantly weaker freight market.
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Airline BusinessAirline Business performance tracker: Asia-Pacific Q1 2023
Key data from the most-recent Asia-Pacific earnings period – the January-March 2023 quarter – and the equivalent periods stretching back to the last pre-Covid year, powered by Airline Business Insight
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NewsCrew of 757 failed to notify Heathrow control of incomplete parking before 777 collision
UK investigators have determined that an Icelandair Boeing 757-200 crew did not inform London Heathrow ground control that the aircraft was not fully parked, before it was struck by a taxiing Korean Air Boeing 777-300ER. The 757 had arrived at parking stand 241 in darkness – but good visibility – ...
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Airline BusinessAirline Business performance tracker: Asia-Pacific Q4 2022
Key data from the most-recent Asia-Pacific earnings period – the fourth quarter of 2022 – and the equivalent periods stretching back to the last pre-Covid year, powered by Airline Business Insight
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NewsVirgin Atlantic to launch Korean codeshare
New SkyTeam member Virgin Atlantic will begin a codeshare with fellow alliance member Korean Air from 25 March.
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Airline BusinessAirlines struggle to fast-track consolidation
It is not without reason that the airline industry is one of the least consolidated sectors globally. Regular competition issues are compounded by the inherently international nature of the business, which for a majority of operators involves connecting cities in different countries, even if the consolidation itself is not cross-border.
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NewsRussian airspace condition attached to Virgin’s entry on Korean route
Virgin Atlantic’s entry on the London Heathrow-Seoul route, a remedy for the Korean Air-Asiana merger, is itself conditional on the opening of Russian airspace. The carrier is being granted access to the route, with support from Korean Air, as part of a framework agreement to obtain UK competition clearance for ...
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NewsUK authority clears Korean Air-Asiana merger based on Virgin access to Seoul
Korean Air has secured UK competition approval for its proposed merger with fellow Korean operator Asiana, based on its supporting Virgin Atlantic’s access to the London-Seoul route. The UK’s Competition and Markets Authority says that undertakings given by Korean Air are “appropriate” to remedy or mitigate a lessening of competition ...
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NewsKorean Air-Asiana competition investigation focuses on four Seoul-EU routes
Korean Air’s proposed merger with Asiana is to be scrutinised by European Union regulators concerned that the tie-up will reduce or eliminate competition on Korean-European routes. The European Commission is opening an in-depth investigation which will focus on four particular connections from Seoul. Korean Air and Asiana both operate to ...