MIAMI – Following a ₩1.2tr injection into Korean Air (KE) by the Export-Import Bank of Korea and the Korea Development Bank, the carrier is expected to submit a self-rescue plan in return for further aid. The self-rescue plan will total ₩1.5tr, with ₩1tr being part of a stock offering, according
Tag "Korean Air"
MIAMI- Flight cancelations to Asian and Oceanian destinations have continued to roll out, as the coronavirus takes its toll on airlines’ fleet and crew operations. According to the last International Air Transport Association (IATA) forecast, the revenues for Asia-Pacific airlines will be affected with a down of US$28bn due to
Coverage by Chris Sloan PARIS – Boeing starts the second day at the Paris Airshow 2019 with a commitment from Korean Air to add 30 additional Dreamliners to the fleet, including 787-10s The order includes 20 Boeing 787-10s and 10 787-9s. Ten of the 787-10s will be leased to Air
LONDON – Korean Air’s CEO, Cho Yang-Ho, has been indicted. According to South Korean prosecutors, he faces charges of embezzlement and breach of trust. This is another blow to the country’s largest airline. Since Moon Jae-in became President of South Korea in 2017, there have been a number of big
MIAMI — On Friday, Bombardier Commercial Aircraft celebrated the delivery of Korean Air’s first CS300 aircraft, the Asian launch carrier for the C Series aircraft family. Its entry-into-service is expected to take place in January 2018. Executives from the Seoul-based carrier, the
MIAMI — The first Bombardier CS300 bound for Korean Air has been painted. Bombardier posted a video of the new aircraft on its official YouTube channel. Inside Bombardier CSeries’ Final Assembly Line Korean currently has ten CS300s on order. HL8092,
Written By: Royal S. King EVERETT – This past Friday, July 7th, the 1539th Boeing 747 built, a 747-8 Intercontinental, returned to Paine Field, having been painted at Portland International Airport. Wearing the blue and gray colors of delivery customer Korean
![Delta’s Operational Meltdown and Ryanair 2.0 [Podcast #28]](https://airwaysmag.com/wp-content/uploads/2017/03/Arlanda-Podcast-505x306_c.jpg)
MIAMI — Rohan, and Vinay kick off the show discussing the abysmal April for U.S. carriers beginning with Delta’s 4-day operational meltdown (2:10) which lead to thousands of canceled flights after its Atlanta hub was throttled by bad weather. Was
MIAMI — It’s time to put the issue du jour to rest with a brief discussion of the #LeggingsGate situation (1:43). Once they’re done poking fun at Lululemon, Vinay and Rohan move on to more pressing topics, namely Delta and
MIAMI – Delta Air Lines and Korean Air have officially signed a memorandum of understanding (MoU) to implement a joint venture (JV) agreement on flights across the Pacific, taking the first step in creating “a fully integrated trans-Pacific joint venture
