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Biz & Tech

Airlines

Tue, January 21, 2020 | 09:46

HDC moving to inspect internal corruption at Asiana

HDC moving to inspect internal corruption at Asiana

Hyundai Development Company (HDC) has recently launched a whistle-blowing program in which its employees and those at its affiliates and partner firms can make anonymous reports about internal corruption and irregularities, industry officials said Monday.

2020-01-20 17:24

Incheon Airport eyes Indonesia project

Incheon Airport eyes Indonesia project

Incheon International Airport Corp. (IIAC) President and CEO Koo Bon-hwan with Indonesian airport operator PT Angkasa Pura 1 CEO Faik Fahmi, right, and public builder PT Wijaya Karya President Director Tumiyana at Pullman Jakarta Indonesia after signing an agreement to form a consortium to win a contract to expand Batam Hang Nadim Airport. / Courtesy of Incheon International ...

2020-01-17 18:07

Hanjin chairman on verge of losing bachelor's degree

Hanjin chairman on verge of losing bachelor's degree

Hanjin Group Chairman Cho Won-tae will likely lose his bachelor's degree he had earned from Inha University, which could adversely affect his uphill fight to protect management rights amid a family feud over the control of the nation's largest logistics conglomerate.

2020-01-17 18:07

Air carriers rushing to open new routes to improve profits

Air carriers rushing to open new routes to improve profits

Air carriers here have been rushing to launch new routes in their diversification strategies aimed at expanding global networks and improving operating profits amid lower travel demand to Japan and a worsening industry environment, company officials said Thursday.

2020-01-16 15:26

Airports struggling with manpower shortage

Airports struggling with manpower shortage

Gimpo International Airport and 13 other airports across the country are grappling with a shortage of security personnel after about 80 employees quit their jobs recently en masse, expressing discontent over their working conditions, industry officials said Wednesday.

2020-01-15 18:23

No relief in sight for air carriers in 2020

No relief in sight for air carriers in 2020

Korean Air, Asiana Airlines and other local air carriers that have suffered lackluster earnings in 2019, are expected to continue to have difficulty this year amid a continuing nationwide boycott of trips to Japan in addition to fluctuating international oil prices and exchange rates, industry analysts said Wednesday.

2020-01-12 17:06

HDC moving to reshuffle top executives at Asiana Airlines

HDC moving to reshuffle top executives at Asiana Airlines

Hyundai Development Company (HDC), which has taken over Asiana Airlines, has been looking for talent to replace Asiana's top executives and board members in a bid to revive the cash-strapped carrier, industry officials said Thursday.

2020-01-12 13:16

Incheon Int'l Airport draws record-high passengers in 2019

Incheon Int'l Airport draws record-high passengers in 2019

Incheon International Airport achieved a record-breaking performance in 2019 with the number of international passengers using the airport exceeding 70 million for the first time, despite unfavorable conditions such as strained Korea-Japan relations and public protests in Hong Kong, the operator of the airport said Thursday.

2020-01-09 17:17

Iran crash is first fatal incident for Ukrainian airline

Iran crash is first fatal incident for Ukrainian airline

A Ukraine International Airlines (UIA) Boeing 737-800 crashed in Iran on Wednesday, killing all 176 people on board, according to Ukrainian President Volodymyr Zelenskiy and Iranian state TV. It was the first fatal crash for Kiev-based UIA. It was not immediately clear what caused the crash, though Iran's semi-official Fars news agency cited unspecified technical problems.

2020-01-08 16:24

Ukrainian airplane crashes in Iran, killing at least 170

Jin Air reeling from prolonged gov't sanctions

Jin Air reeling from prolonged gov't sanctions

Jin Air has been struggling with continued government sanctions as it is unable to acquire new flight routes and expand its fleet, according to industry officials Wednesday.

2020-01-08 12:23

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