Top Asian airlines' profit margins are being eroded by a struggling air cargo business, even as they capitalise on increasing passenger demand, industry executives said over the weekend.Tuesday, 11 February, 2014, 1:46am
Samsung may ship about 44 million of the smartphones in the second and third quarters, according to Young Park, an analyst at Woori Investment & Securities in Seoul. A Boeing 747-8 freighter plane carrying nothing else can hold about one million phones.16 Mar 2013 - 7:11am
Korean Airlines plans to capture a larger share of the growing private jet charter business in southern China by marketing its service more widely among the region's growing number of super- wealthy businessmen.1 Mar 2013 - 5:51am
Carriers in the Asia-Pacific will see their profits fall 44 per cent this year because of the weak cargo market and the slowdown in China, the International Air Transport Association said yesterday.14 Dec 2012 - 3:00am
China has moved a step further in the liberalisation of its aviation industry after concluding an air services agreement with South Korea.
The agreement, finalised on Friday, will open up more routes to Korean carriers and allow them more frequencies to mainland cities.26 Mar 2004 - 12:00am
A Korean Air Boeing 747 bound for Seoul with 369 passengers was forced to return to Hong Kong minutes after take-off when an engine had to be shut down.15 Aug 1998 - 12:00am
Korean Air (KAL) is planning to launch freighter services between Seoul and Shanghai and Seoul and Tianjin.
The Korean Government granted the carrier permission to fly to the two destinations after Beijing and Seoul signed an air services agreement last year.15 Apr 1998 - 12:00am
Beijing and Seoul have signed bilateral agreements allowing South Korean airlines to operate 15 weekly freighter services to five destinations on the mainland - the first agreement of its kind for any foreign airline.24 Nov 1997 - 12:00am
Korean Air achieved a 3 per cent cargo volume growth in the Asian region in 1996, an executive says.
Simon Yang, general manager for Korean Air's cargo sales and marketing regional office, Southeast Asia, said its cargo volume handled in Hong Kong remained at the same level as in 1995.20 Feb 1997 - 12:00am
Korean Air has become the first airline to order the new Airbus Industrie A330-200. A purchase agreement for two aircraft for delivery in August and September 1998 has been signed.5 Jun 1996 - 12:00am
TWO South Korean fighter aircraft intercepted and shadowed an Air Canada jumbo en route to Hong Kong from Vancouver in December after the jet strayed into Korean airspace without permission, the airline said yesterday.2 Mar 1996 - 12:00am