Korean Air
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Air Cargo
Korean Air takeover of Asiana to create single national carrier
There are too many airlines in Korea’s domestic market to survive, so the government engineered a merger between Korean Air and Asiana.
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Air Cargo
Korean Air jettisons passenger seats to up cargo capacity
“Look, Mom, no seats!” That’s Korean Air saying it’s flying a passenger plane with the seats removed because it can make more money putting cargo…
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Air Cargo
Freighters to the rescue: Korean Air posts Q2 profit
Korean Air is a unicorn among passenger airlines. It made a profit in the second quarter, a remarkable feat given the depressed state of the…
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Air Cargo
Coronavirus drives 1Q loss at Korean Air, but cargo sees bump
Korean Air is the latest airline to get government aid and raise capital to increase its cash position.
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News
Delta ups stake in Korean Air parent
Hanjin KAL, controlled by the Cho family, remains the largest shareholder in Korean Air.
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Today's Pickup
Today’s Pickup: Drone app wants to control the skies
Drones could someday deliver thousands of packages a day, but who will monitor all this air traffic?
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Air Cargo
“Price fixing is not profit enhancing” says judge and fines Garuda $13 million
Airline Garuda Indonesia has been ordered by an Australian court to pay A$19 million (US$13.14 million) in penalties for air cargo price fixing as part…
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