Korean Air has signed a “basic business sale agreement” with Air Incheon for the Asiana Airlines cargo business. The agreement follows June’s announcement that Air Incheon had been named as the ...

Korean Air significantly bettered its quarterly profit after “successful” passenger capacity expansion, with its cargo operations again providing a significant boost to its earnings. For the three ...

SEOUL (Reuters) -Korean Air <003490 KS> reported a drop in cargo revenue for the third quarter of its financial year, as the carrier saw increased risks from tariffs by the U.S. and China. The ...

Korean Air has launched a new Application Programming Interface (API)-based solution that enables direct integration between its cargo system and its customers’ in-house systems. This initiative is ...

South Korea’s low-cost carriers (LCCs) are making a concerted push into the air cargo market, traditionally dominated by full-service airlines such as Korean Air and Asiana Airlines, as they seek to ...

KOREAN AIR completed acquisition of 63.88% of ASIANA AIRLINES for KRW800b, bringing total investment through a third-party allotment capital increase to KRW1,500b. AIR INCHEON is taking Asiana's air ...

The U.S. Transportation Dept. approved cargo code-sharing across the Atlantic by Korean Air and SAS Scandinavian Airlines. As proposed, SAS will block a portion of capacity on the New York JFK-Oslo ...