Jeju Air ranked first in domestic routes last year

Jeju Air ranked first in domestic routes last year

Jeju Air Co. took first place with an 18.2% share of domestic routes in 2022 for the third straight year from 2020.The airline said on Monday that...

Air Busan launches new Busan-Clark flight

Air Busan launches new Busan-Clark flight

Air Busan Co. began operating its first new flight route this year between Busan and Clark, the Philippines, and started a new leap forward in earne...

Hyundai’s Supernal, Microsoft to collaborate on UAM projects

Hyundai’s Supernal, Microsoft to collaborate on UAM projects

Supernal LLC, the urban air mobility affiliate of South Korea’s top automaker Hyundai Motor Co., and US tech giant Microsoft Corp. have agreed...

KAI, KARI collaborate in developing Korean UAM 

KAI, KARI collaborate in developing Korean UAM 

Korea Aerospace Industries Ltd. (KAI) has signed an agreement with the Korea Aerospace Research Institute (KARI) to help KARI perform a dry run test...

Chinese regulator approves Korean Air-Asiana merger

Chinese regulator approves Korean Air-Asiana merger

The merger between South Korea's two leading airlines Korean Air Lines Co. and Asiana Airlines Inc. passed a hurdle as China's antitrust watchdog ga...

Hyundai Home Shopping to divest rental unit for $107 mn

Hyundai Home Shopping to divest rental unit for $107 mn

Hyundai Home Shopping Network Corp., a TV shopping channel operator owned by South Korea's Hyundai Department Store Group, said on Dec. 26 it will s...

LG to develop smart home devices responsive to users’ sleep data

LG to develop smart home devices responsive to users’ sleep data

An air conditioner or a TV set equipped with a timer that automatically turns power on and off based on the user's preference has been around for ye...

T’way Air becomes first local budget carrier to fly Incheon to Sydney

T’way Air becomes first local budget carrier to fly Incheon to Sydney

T'way Air Co. launched a new flight route linking Incheon with Sydney, Australia, embarking into the long-haul flight sector.T'way said on Sunday ...

Korea-China air flights set to rise with Beijing’s eased zero-COVID policy

Korea-China air flights set to rise with Beijing’s eased zero-COVID policy

Air flights between South Korea and China are set to rise significantly next year with the Chinese government issuing new guidelines easing its stri...

Lotte mulls building transit hubs in retail stores for air taxis, drones

Lotte mulls building transit hubs in retail stores for air taxis, drones

South Korea’s Lotte Engineering & Construction Co. said on Dec. 22 it is considering building vertiports on the rooftops of its retail aff...

GS E&C inks deal with AirFirst on industrial gas tech development

GS E&C inks deal with AirFirst on industrial gas tech development

GS Engineering & Construction Co. said on Tuesday that it has signed an agreement with AirFirst to work together in the areas of industrial gas ...

Hanwha Systems to build network to share land, sea, air target info

Hanwha Systems to build network to share land, sea, air target info

South Korea's Hanwha Systems Co. will start domestic research and development of new tactical data links used by member countries of the North Atlan...

T'way Air launches Pikachu Jet TW

T'way Air launches Pikachu Jet TW

T’way Air Co. said on Tuesday that it would start running the Pokemon-wrapped airplane "Pikachu Jet TW" from the end of this month and release...

Foreign airlines gnaw at Korean LCCs on international flight routes

Foreign airlines gnaw at Korean LCCs on international flight routes

South Korea’s budget airlines are facing growing competition with foreign carriers on profitable international routes with the reopening of ai...

SK Materials, Arencibia ink MOU on noble gas recycling

SK Materials, Arencibia ink MOU on noble gas recycling

SK Materials Airplus Co. announced on Monday that it signed an MOU with US-based Arencibia to prepare to enter the noble gas recycling business.&n...

Air Busan to resume Busan-Vientiane flights after 3-year hiatus

Air Busan to resume Busan-Vientiane flights after 3-year hiatus

Air Busan Co. recently expanded the number of flights on its Japan routes and continues to resume flights on its Southeast Asian routes. It will now...

SK Group to display eco-friendly tech at next month's CES

SK Group to display eco-friendly tech at next month's CES

South Korea's SK Group next month will display an extended range of carbon-reducing products and technologies at CES 2023, the world's largest exhib...

Korean Air resumes regular staff recruitment for 1st time in 3 years

Korean Air resumes regular staff recruitment for 1st time in 3 years

Korean Air Lines Co. for the first time in three years has resumed regular staff recruitment that was suspended by the COVID-19 pandemic.Airline ind...

Korean Air newly incorporated into 2022 DJSI Korea

Korean Air newly incorporated into 2022 DJSI Korea

Korean Air Lines Co. announced on Wednesday that it has been newly included in the 2022 Dow Jones Sustainability World Index (DJSI) Korea announced ...

S.Korea leads liquid hydrogen fuel tank technology standards

S.Korea leads liquid hydrogen fuel tank technology standards

South Korea's draft proposal on aviation liquid hydrogen fuel tanks was adopted as an international standard at the International Organization for S...

Jeju Air rules Korea-Japan routes to beat legacy carriers

Jeju Air rules Korea-Japan routes to beat legacy carriers

Jeju Air Co., South Korea’s largest budget airline, is dominating flights to Japan to beat full-service carriers (FSCs) in the country such as...

Air Busan offers 4 daily flights on Busan-Fukuoka route

Air Busan offers 4 daily flights on Busan-Fukuoka route

Korea's low-cost carrier Air Busan Co. from Thursday will add a daily flight to its route linking the nation's biggest port city of Busan to Fukuo...

Korean Air signs agreement with L3Harris for airborne control system

Korean Air signs agreement with L3Harris for airborne control system

Korean Air Lines Co. is collaborating with L3Harris International, an American aerospace contractor, to introduce the airborne control system for th...

Lotte Chem, Air Liquide Korea launch JV for hydrogen business

Lotte Chem, Air Liquide Korea launch JV for hydrogen business

South Korea’s chemical firm Lotte Chemical Corp. and Air Liquide Korea, the Korean unit of the French company Air Liquide SA, announced on Tue...

Korean LCCs resume flights to Taipei after nearly 3 years

Korean LCCs resume flights to Taipei after nearly 3 years

As domestic budget carriers begin opening or resuming flights to Taipei, the skyways between Korea and Taiwan have widened further.Jeju Air announce...

Korean unlisted stock bubble bursts as interest rates rise

Korean unlisted stock bubble bursts as interest rates rise

Kurly Inc., Dunamu Inc. and other major South Korean unlisted stocks plunged as the fallout on asset prices from rising interest rates extended into...

UK grants de facto approval of Korean Air's Asiana takeover

UK grants de facto approval of Korean Air's Asiana takeover

The UK's top watchdog for market competition on Monday accepted corrective measures submitted by Korean Air Lines Co. on its proposed takeover of As...

S. Korea's T'way Air to resume Incheon-Chiang Mai route

S. Korea's T'way Air to resume Incheon-Chiang Mai route

South Korea's budget carrier T'way Air on Wednesday said it will resume from Nov. 28 its flight linking Incheon and Chiang Mai, Thailand, with seven...

US extends antitrust review of Korean Air-Asiana merger

US extends antitrust review of Korean Air-Asiana merger

The US competition authority extended its review of the proposed merger between South Korea’s two largest airlines to check if the deal hurts ...

UK regulator flags concerns over Korean Air-Asiana merger

UK regulator flags concerns over Korean Air-Asiana merger

The British antitrust watchdog raised concerns over the impact on competition of the proposed merger between South Korea’s two largest carrier...

S.Korea’s leading ERP player Douzone Bizon up for sale; EQT Partners in talks MSCI maintains S.Korea’s emerging-market status; level playing field required GEPS taps former KB Asset chief risk officer as new CIO Affinity Equity nets $220 mn from block sale of Shinhan Financial F&F’s bid for TaylorMade complicates Centroid's exit