Delta plans to acquire a 15% stake in WestJet from Onex Partners and sell 2.3% to Air France-KLM; Korean Air also intends to acquire a 10% stake in WestJet.
Korean Air plans to build an UAM and aviation safety R&D center with the aim of creating a hub for future mobility and aerospace innovation in South Korea.
Korean Air is benefiting from strong passenger demand, and the carrier projects that its passenger business will continue to improve in the second quarter.
Korean Air is on track to secure four spare GE Aerospace GE9X engines and four GEnx-1Bs for its Boeing 777-9 and 787-10 order to enhance the fleet’s resilience.
Korean Air’s newly launched branding makeover is setting the stage for major expansion and a greater global presence when it absorbs Asiana Airlines.
Korean Air will commence the retrofit of 11 Boeing 777-300ER in mid-2025, which will see the introduction of new premium economy seats into the aircraft.
Korean Air has revealed the new aircraft livery that will be rolled out across its fleet and eventually will be applied to the Asiana fleet after the airlines integrate.
Korean Air Chairman and CEO Walter Cho says the airline will retain Air Busan’s presence and network in its home city of Busan, despite connectivity concerns.
This week, Carbon Analysis revisits some Asian airlines previously analyzed, namely: All Nippon Airways (ANA), China Southern Airlines, IndiGo and Korean Air.
Korean Air appears close to gaining the clearances to take over Asiana Airlines, which would signal the end of a four-year journey through a regulatory maze.
The European Commission says Korean Air has sufficiently addressed competition concerns related to the carrier’s proposed takeover of Asiana Airlines.
Strong summer demand and increasing capacity drove revenue increases for Korean Air in Q3, although higher costs caused its net profit for the period to shrink.
