(Courtesy of Korean Air) South Korean airlines are ramping up international routes, particularly to China, Japan and Southeast Asian countries, in a bid to boost profitability in the second half, capitalizing on a stronger local currency and falling fuel costs. According to the Korean avi
(File photo by Air Premia) South Korea's top resort operator Sono Hospitality Group has decided to sell its entire stake in low-cost carrier (LCC) Air Premia Inc. at a profit of about 20% to focus on another budget airline it is set to acquire.Sono International Co., the group’s holding c
Korean Air Chairman and CEO Cho Won-tae introduces the company's new corporate identity (CI) on March 11, 2025 (Courtesy of Korean Air) Korean Air Lines Co., South Korea’s largest full-service carrier, has undergone a major makeover of its corporate identity (CI) for the first time in mor
Air Premia won a business license in 2019 Sono Hospitality Group, South Korea’s largest resort operator, will add low-cost carrier Air Premia Inc. to its bulging portfolio after agreeing to buy a stake in the airline from a domestic private equity firm for 47.2 billion won ($34.6 million)
(File photo, courtesy of T'way Air) South Korea’s top resort operator Sono International Co. has bought a stake in T'way Air Co., a local low-cost carrier (LCC), for 105.6 billion won ($76 million) after taking over overseas hotels to expand its global businesses.Sono purchased a 14.9% st
Asiana Airlines Inc., one of South Korea’s only two full-service carriers, has passed into history after 36 years of operation to be placed under its bigger crosstown rival Korean Air Lines Co. as a subsidiary, paving the way for the birth of one of the world’s top 10 airlines. Kor
Gimpo International Airport in western Seoul (File photo) Korean Air Lines Co.'s anticipated acquisition of Asiana Airlines Inc. is expected to spur domestic budget carriers to seek mergers, with the two domestic aviation industry leaders' coupling forecast to create the country’s largest
South Korea’s air carriers are fiercely vying for lucrative or untapped routes in a game of chicken to shore up their falling profit, raising concerns that heated competition in the country’s airline industry could end in a zero-sum game. According to the Korean airline servi
South Korea's budget carrier Jin Air said on Friday that it will resume and expand its international flights for the upcoming winter season, focusing on Southeast Asia, where demand typically rises during the colder months.The airline will restart operations on its routes to Clark, Philippin
A Korean Air cargo aircraft being refueled with SAF (File photo by Korean Air) South Korea’s airlines are set to use fuel mixed with sustainable aviation fuel (SAF) for international routes, starting from services to Japan, as the government plans to require all outbound flights to apply
Korean Air and Asiana aircraft (Courtesy of Yonhap) South Korea’s six listed airline companies posted worsening profitability in the second quarter, plagued by higher jet fuel costs and the US dollar’s strength against the Korean won.Of six airliners whose shares are traded on the K
South Korea's low-cost carrier (LCC) Fly Gangwon, based in Gangwon Province, has rebranded itself as Parata Air and is embarking on a new beginning. Wholly owned by home appliance company Winix Inc., Parata Air's successful return to normal operations is being closely watched.Winix announced o
Jeju Air's B737-800 aircraft Jeju Air Co., a leading South Korean low-cost carrier (LCC), will likely seek the acquisition and merger of a rival small airline operator amid intensifying competition to rise to the top in the domestic budget carrier market.According to industry sources on Friday,
Jeju Air Chief Executive Kim E-bae South Korea’s largest low-cost carrier (LCC) Jeju Air Co. will make the most of the post-pandemic recovery in travel demand by exploring Southeast Asian markets, primarily Indonesia, where it plans to open its first routes, its chief executive said on Tu
South Korea's largest low-cost carrier Jeju Air Co. will buy 40 next-generation passenger planes and lease 10 other new aircraft from Boeing Co. with enhanced fuel efficiency and stability. The airline said on Tuesday it will introduce a combined 50 next-generation passenger planes -- the B737
Air Premia was established in 2017 Air Premia Inc., a South Korean low-cost carrier, will be jointly managed by two Seoul-based private equity firms – JC Partners and AP Holdings, according to people with knowledge of the matter on Monday.On June 30, its largest shareholder JC Partners wi
Air Busan aircraft at Gimhae International Airport, South Korea (Courtesy of Yonhap) Air Busan Co., a South Korean low-cost carrier, targets record earnings with more international flights, especially to neighboring China and Japan, by taking advantage of growing demand for those lucrative rout
South Korea's low-cost carriers (LCC) Air Premia and T'way Air Co. are competing to secure "golden routes" to Europe that Korean Air must give up to acquire Asiana. This LCC contest is apparently turning into a battle over pride as the growth potential of both carriers could differ depend
South Korea's budget carrier Jeju Air Co. on Thursday announced the resumption of flights connecting Incheon to the Vietnamese cities of Ho Chi Minh City and Hanoi from April 20 seven times a week.The routes' return comes after three years after their suspension in March 2020 due to the COVID-
T'way Air held a celebratory event at Incheon International Airport to mark the launch of an Incheon-Sydney flight route. (Courtesy of T'way Air) 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 i