Airways Magazine
• Sharad Ranabhat
Korean Air Soars in Q1 2024 with Strong Recovery
Airways Magazine reports: Korean Air reported a positive first quarter for 2024, driven by a significant rebound in passenger traffic.
Korean Air Lines News
Related Coverage: Boeing, Airbus, Airbus A350, WestJet
Top Stories
Airways Magazine
• Sharad Ranabhat
2024-05-08T03:07:42.848291-07:00
Korean Air Finalizes Sale of Five Boeing 747-8 Jets to Sierra Nevada Corporation
In a strategic move, Korean Air has offloaded five Boeing 747-8 jets to Sierra Nevada Corporation, following the latter's recent $13 billion contract win with the US Air Force.
2024-05-05T02:22:48.602417-07:00
Korean Air Commences A380 Fleet Dismantling
In line with its previously announced plans, Korean Air has initiated the decommissioning process for its Airbus A380 aircraft, marking an end to its era of jumbo jet operations.
2024-04-24T03:56:04.552975-07:00
Korean Air Set to Expand Fleet with Boeing 777X Purchase
In a strategic move to rejuvenate its fleet, Korean Air enters negotiations for acquiring over 10 Boeing 777X aircraft, signaling a significant shift back to its longstanding U.S. partner Boeing amidst previous deals with Airbus.
With Boeing
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2024-05-17T23:15:37.334655-07:00 •
Diehl Aviation to Open Interiors Manufacturing Plant in Mexico
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2024-05-17T23:13:35.541167-07:00 •
Argentina Evaluates Boeing KC-135 for F-16 Refueling
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2024-05-17T23:11:08.199377-07:00 •
Spirit AeroSystems to Lay Off 450 Workers Due to 737 MAX Production Slowdown
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2024-05-17T23:09:52.808957-07:00 •
Boeing Delivers 1,500th 737 MAX Despite Production Slump
With Airbus
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2024-05-17T23:15:37.334655-07:00 •
Diehl Aviation to Open Interiors Manufacturing Plant in Mexico
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2024-05-17T23:09:50.458234-07:00 •
Eurodrone's Preliminary Design Review Completed by Airbus
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2024-05-17T22:42:45.435394-07:00 •
FAA Allows United to Once Again Add Aircraft and Routes Amid Ongoing Safety Probe
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2024-05-17T22:42:00.858426-07:00 •
Azorra Delivers First Airbus A220-300 to Breeze Airways
With Airbus A350
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2024-05-15T04:47:59.315056-07:00 •
Singapore Airlines Reports Record $1.98 Billion Profit Driven by North Asia Rebound
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2024-05-13T20:07:47.719119-07:00 •
Swiss Airlines to Retrofit Long-Haul Fleet, Extends A340 Service
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2024-05-13T15:03:53.451852-07:00 •
COMAC Advances with C939 Widebody Design To Challenge Boeing and Airbus
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2024-05-08T04:17:14.039342-07:00 •
Emirates' First A350 Decked in Full Livery
With WestJet
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2024-05-15T01:18:47.837879-07:00 •
WestJet Encore and Air Transat Face Union Deal Challenges
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2024-05-13T15:42:01.859487-07:00 •
WestJet Extends Global Reach from Calgary with Enhanced Boeing 787 Winter Schedule
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2024-05-10T15:53:15.453660-07:00 •
Flair Airlines Stands Alone in Canada's Ultra-Low Cost Market
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2024-05-10T15:23:39.977160-07:00 •
WestJet Encore Pilots Reject Tentative Agreement
Korean Air Lines News Timeline
2024-05-09T02:59:16.400835-07:00 •
Korean Air Achieves 20% Revenue Surge in Q1 2024
Driven by a robust recovery in passenger numbers, Korean Air marks a significant revenue increase to US$2.8 billion in the first quarter of 2024, reflecting positive industry momentum.
2024-05-08T04:47:59.826131-07:00 •
Jeju Air and Korean Air Q1 Earnings: Currency Woes and Recovery Strategies
Jeju Air sees a first quarter net profit decline of 10.5% due to a weak Korean won, while Korean Air reports a 20% revenue jump, focusing on route profitability amid a full recovery.
2024-05-08T03:07:42.848291-07:00 •
Korean Air Finalizes Sale of Five Boeing 747-8 Jets to Sierra Nevada Corporation
In a strategic move, Korean Air has offloaded five Boeing 747-8 jets to Sierra Nevada Corporation, following the latter's recent $13 billion contract win with the US Air Force.
2024-05-05T02:22:48.602417-07:00 •
Korean Air Commences A380 Fleet Dismantling
In line with its previously announced plans, Korean Air has initiated the decommissioning process for its Airbus A380 aircraft, marking an end to its era of jumbo jet operations.
2024-04-24T03:56:04.552975-07:00 •
Korean Air Set to Expand Fleet with Boeing 777X Purchase
In a strategic move to rejuvenate its fleet, Korean Air enters negotiations for acquiring over 10 Boeing 777X aircraft, signaling a significant shift back to its longstanding U.S. partner Boeing amidst previous deals with Airbus.
2024-04-23T20:39:48.696255-07:00 •
Korean Air Trials UAM with 5G to Enhance Operations and Safety
In collaboration with domestic partners, Korean Air has successfully conducted a UAM demonstration over South Korea, leveraging the 5G network to address operational and safety frameworks.
2024-04-23T02:20:29.563799-07:00 •
WestJet and Korean Air Amplify Codeshare to include Calgary-Seoul Route and 6 New Asian Destinations from May 2024
As of May 17, 2024, the enhanced codeshare agreement between WestJet and Korean Air will provide passengers access to a new Calgary-Seoul route and six new destinations across Asia, directly connecting from Incheon International Airport.
2024-04-21T11:08:02.510447-07:00 •
ROKAF's Final Salute with AGM-142 Missiles from F-4E Phantoms
In a historic closure, the Republic of Korea Air Force's F-4E Phantoms launched their last AGM-142 Popeye missiles before these aircraft are officially retired in April 2024.
2024-04-09T14:26:31.104362-07:00 •
Final Stages: Korean Air and Asiana MRO Merger Nears Completion
With approval pending from just a few regulators, Korean Air advances the integration process, focusing on fleet and manpower synergies from the Asiana merger.
2024-04-02T04:56:58.214991-07:00 •
Korean Air Expands Fleet with 33 Airbus A350 Aircraft
Korean Air enhances its widebody fleet sustainability and operational capabilities by confirming a firm order with Airbus for 33 A350 aircraft, including 27 A350-1000s and six A350-900s.
2024-03-30T17:21:58.424352-07:00 •
Korean Air Introduces Eco-Friendly Staff Uniforms
In a move towards sustainability, Korean Air has launched new eco-friendly uniforms for its maintenance, aerospace cargo, and ground handling staff, marking a significant shift in operational attire standards.
2024-03-28T01:39:56.910324-07:00 •
Expansion Across Asia-Pacific: AirAsia, Vistara, and Others Launch New Routes Amid Travel Surge
Amidst a robust recovery in air travel, carriers like AirAsia and Vistara are enhancing connectivity within Southeast Asia, adding to a list of airlines introducing new routes.
2024-03-27T05:30:43.326709-07:00 •
Asiana's Cargo Division Draws Interest from Key Bidders
With Korean Air Lines spearheading the sale of Asiana's cargo arm, competitive actions are being taken by shortlisted bidders to strengthen their standing.
2024-03-26T04:00:04.068237-07:00 •
Korean Air Integrates Cargo System with DHL for Enhanced Booking Process
Korean Air and DHL Global Forwarding have established a direct integration between their cargo booking systems, streamlining the process and marking a significant collaboration between airline and freight forwarder.
2024-03-24T23:13:52.432497-07:00 •
Live Ammunition Found on Korean Air 787-9 Pre-Departure in Incheon
In a security oversight, a 9mm hunting bullet was uncovered under a seat on a Korean Air Boeing 787-9 at Incheon International Airport, causing a flight delay to Milan.
2024-03-24T22:30:08.236196-07:00 •
Asiana Airlines Marks End of Era with Last Boeing 747-400 Retirement in South Korea
In a ceremonial farewell at Taiwan Taoyuan International Airport, Asiana Airlines commemorated its last Boeing 747-400 flight, officially retiring the final jumbo jet of its kind from South Korea's skies.
2024-03-23T23:17:38.734700-07:00 •
Korean Air's Walter Cho Pledges Integration with Asiana for Megacarrier Formation
Walter Cho, Chair and CEO of Korean Air, commits to a successful merger with Asiana Airlines, aiming to create a leading global carrier within this year.
2024-03-21T12:01:14.955805-07:00 •
Korean Air Expands IFC Capability with Viasat for 40 More Aircraft
Korean Air enhances passenger experience with an agreement for Viasat to provide in-flight connectivity on an additional 40 aircraft, reinforcing the carrier's commitment to improved PaxEx.
2024-03-21T04:55:48.512996-07:00 •
Korean Air Confirms $13.7B Acquisition of 33 Airbus A350s Amid Expansion
In a strategic move to bolster long-haul operations, Korean Air has finalized a $13.7 billion contract for 33 Airbus A350 aircraft, marking a significant pivot from Boeing to Airbus. The order includes 27 A350-1000s and six A350-900s, indicating a major fleet upgrade and expansion.
2024-03-20T23:32:52.803875-07:00 •
Japan Airlines Expands Fleet with 42 Aircraft from Airbus and Boeing
In a significant fleet enhancement move, Japan Airlines announces the acquisition of 42 new aircraft, including 21 Airbus A350-900s, 11 A321neos, and 10 Boeing 787 Dreamliners, aiming to bolster both international and domestic operations.
2024-03-19T17:21:59.855176-07:00 •
Japan Airlines Eyes Major Boeing 787 Dreamliner Acquisition
In a move bolstering its long-haul fleet, Japan Airlines is on the brink of finalizing an order for approximately 24 Boeing 787 Dreamliner wide-body jets, signaling a significant investment in expanding its global route capacity.
2024-03-18T19:41:23.824360-07:00 •
Korean Air Boosts International Flight Capacity for Summer 2024
Beginning March 31, Korean Air is set to increase its international flight operations to near pre-pandemic levels for the 2024 summer season, marking a significant expansion in its global service offerings.
2024-03-17T19:33:05.636240-07:00 •
Korean Air Poised for Major Airbus A350 Purchase Amid Fleet Consolidation
In a strategic move to streamline its operations post-Asiana merger, Korean Air is on the brink of finalizing a considerable acquisition of Airbus A350 aircraft.
2024-03-16T01:55:36.427557-07:00 •
Korean Air Debuts Its First Airbus A321neo on Inaugural Test Flight
In a significant development for passenger travel, Korean Air's maiden Airbus A321neo took to the skies adorned in the airline's full livery, showcasing the aircraft's readiness and operational capabilities.
2024-03-14T21:25:44.107733-07:00 •
Korean Air to Introduce New Suites in 787-10's Business Class
Upgrades include the launch of state-of-the-art business class suites on Boeing 787-10, with plans for 777 enhancements, cementing Korean Air’s deluxe passenger experience.
2024-03-14T06:18:02.416974-07:00 •
SriLankan Airlines and Korean Air Launch Codeshare Partnership
Effective March 15, 2024, SriLankan Airlines and Korean Air have initiated a codeshare partnership, facilitating enhanced connectivity and travel options between Colombo and Seoul for passengers.
2024-03-13T22:23:31.766949-07:00 •
Korean Air Launches Engine MRO Hub Near Incheon Airport for 2027
Constructing near Incheon International Airport, Korean Air initiates an aircraft engine MRO cluster in Unbuk, targeting operational commencement in 2027.
2024-03-10T17:27:29.220673-07:00 •
ROKAF Marks End of Era with F-4E Phantom II Elephant Walk
In a majestic display, the Republic of South Korea Air Force (ROKAF) honored its last operational F-4E Phantom II jets with a ceremonial Elephant Walk, signaling the end of an era for the iconic aircraft.
2024-03-06T22:27:51.326985-08:00 •
T'way Air Eyes Expansion into EU Market Post-Korean Air, Asiana Merger
Following the merger of Korean Air and Asiana Airlines, T'way Air, South Korea's second-largest low-cost carrier, sees significant growth potential in European routes. Executives regard this as a strategic move to distinguish T'way Air within Korea's competitive budget airline sector.
2024-02-29T08:29:59.361525-08:00 •
Potential Sale of Asiana Freight Operations Amid Korean Air Merger
The possible consolidation of Korean Air and Asiana Airlines could lead to the sale of Asiana's cargo division, signaling significant shifts within South Korea's aviation sector.
2024-02-28T05:24:12.430676-08:00 •
T'way Air to Acquire Three A350s in Korean Air-Asiana Merger Antitrust Measure
In a strategic move to address antitrust concerns, Korean Air's pending merger with Asiana Airlines includes transferring three Airbus A350 aircraft to T'way Air.
2024-02-25T11:45:50.115178-08:00 •
EU Commission Greenlights Korean Air-Asiana Airlines Merger
The EU Commission's approval on February 13, 2024, paves the way for the completion of the Korean Air and Asiana Airlines merger, a deal valued at 1.8 trillion won ($1.4 billion) first announced in 2020. This development marks a significant consolidation in the aviation sector.
2024-02-23T05:23:47.298311-08:00 •
Vienna Airport and Korean Air Partner to Elevate Cargo Operations with Incheon Airport
A strategic partnership has been formed between Vienna Airport, Korean Air, and Incheon International Airport to boost air cargo volumes, leveraging Vienna's growing stature as a key cargo hub between Asia and Europe.
2024-02-20T01:51:21.148248-08:00 •
Korean Air Considers Offloading A220 Fleet in Prelude to Asiana Merger
In a strategic move towards operational consolidation ahead of its merger with Asiana Airlines Inc., Korean Air Lines Co. deliberates the disposal of its 10 Airbus SE A220 aircraft, sources reveal.
2024-02-19T22:02:20.061662-08:00 •
Merger Conditions Force Korean Air to Offload Asiana Cargo Unit by Q4
In compliance with the European Union's antitrust measures, Korean Air must proceed with the divestment of Asiana Airlines’ cargo section following their conditional merger approval.