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Biz & Tech

Airlines

Thu, August 22, 2019 | 17:08

KAI taps former bureaucrat with no expertise as CEO

A controversy is brewing over Korea Aerospace Industries (KAI) nominating Ahn Hyun-ho as its next CEO, as the former bureaucrat holds no expertise in the fields of aerospace and aviation, according to industry officials, Thursday.

Nam Hyun-woo | 2019-08-22 16:10

Korean Air to further cut flights to Japan amid export curbs

Korean Air Lines Co. said Tuesday it will reduce more flights to Japan in the coming months due to lower travel demand to the neighboring country amid a trade dispute. Demand on the Japanese routes has been on a sharp decline since last month when Japan implemented export restrictions of key materials to South Korea. Early this month, Tokyo also officially removed Seoul from ...

2019-08-20 14:49

Korean Air, Asiana, Jeju Air face perfect storm

Korean Air, Asiana Airlines and low-cost carriers (LCCs) are in a quandary as events associated with Japan, Hong Kong and China are hurting their already-shaky bottom lines, according to industry analysts Friday.

Nam Hyun-woo | 2019-08-16 17:03

Korean flights to Hong Kong back to normal

South Korean airlines on Tuesday resumed their services on the routes to Hong Kong following an unprecedented closure of the local airport a day before caused by demonstrators' occupation of it in protest against a bill that would allow extraditions to mainland China, the transport ministry here said. On Monday, Hong Kong aviation authorities issued a "notice to airmen" sayin...

2019-08-13 09:44

Flights resume at Hong Kong airport after protests

Jeju Air to open six China routes amid boycott Japan campaign

Korean budget carrier Jeju Air will begin services on six new routes to China this month amid an escalating boycott of travel to Japan. The company said Monday it planned to offer flights from three Korean cities - Incheon, Busan and Muan - to six Chinese destinations - Beijing, Xian Harbin, Yanji, Nantong and Zhangjiajie - between Aug. 13 and 22.

Jung Min-ho | 2019-08-12 14:11

Aekyung faces winner's curse in Asiana bid

Aekyung Group's bid to acquire cash-strapped Asiana Airlines has hit a snag as Jeju Air and its other cash-cow units suffer from declining profits amid worsening business conditions, according to industry analysts Sunday.

Nam Hyun-woo | 2019-08-11 16:59

Jeju Air gets wings clipped

Jeju Air lost money in the second quarter for the first time in five years as the country's No. 1 low-cost carrier (LCC) was hit hard by stagnant passenger growth and the weakness of the won against the dollar, according to securities analysts Wednesday.

Nam Hyun-woo | 2019-08-07 16:59

Pilot's quick decision, 470 passengers' cooperation save girl's life

Asiana Airlines recently received a colorful painting and a thank-you letter postmarked in the United States from a girl, surnamed Choi, who became ill on an Incheon-bound flight from New York on July 8.

Park Si-soo | 2019-08-06 14:29

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