Articles tagged “korean air”

Aviation Executives Conclude Paris Air Show With Cautious Optimism

Aviation Executives Conclude Paris Air Show With Cautious Optimism

Brooke Sutherland, Bloomberg

Growth is likely slowing in the commercial aviation market, but when all was said and done at the Paris Air Show this week, the outlook was measuredly positive. A material vote of confidence in the Boeing 737 Max by International Air Group CEO Willie Walsh certainly threw a curveball at Airbus.

5 months ago

Delta Invests in Korean Air Parent to Bolster Joint Venture

Delta Invests in Korean Air Parent to Bolster Joint Venture

Mary Schlangenstein and Kyunghee Park, Bloomberg

Delta has some extra cash around to protect its joint venture with Korean Air. It's nice for Korean Air to have friends in high places.

5 months ago

Korean Air’s Future in Spotlight After Death of Indicted Chairman

Korean Air’s Future in Spotlight After Death of Indicted Chairman

Kyunghee Park and Sohee Kim, Bloomberg

Cho Yang-ho transformed Korean Air into one of Asia's biggest airlines. It's sad he will be remembered as the "nut rage" father and for being disgraced on embezzlement charges, ousted from the board last month. Korean Air needs mending, its investors want accountability and family involvement is a big part of the problem.

8 months ago

Asian Airlines Turn to Super Business Suites Rather Than First Class

Asian Airlines Turn to Super Business Suites Rather Than First Class

Brian Sumers, Skift

Asian airlines still cling to first class, but is the product necessary anymore? Some carriers are rethinking their strategies.

10 months ago

Korean Air May Make A Big Widebody Jet Order to Grow Fleet

Korean Air May Make A Big Widebody Jet Order to Grow Fleet

Kyunghee Park, Bloomberg

Korean Air flies the most modern of narrowbody jets — the Airbus A220 — but some of its widebody airplanes are getting older. It's probably time for replacement.

1 year ago

Korean Air CEO Suspected of Embezzlement

Korean Air CEO Suspected of Embezzlement

Youkyung Lee, Associated Press

A family scandal in South Korea has ensnared the patriarch, the chairman of Korean Air. As airline employees take the extraordinary measure of hitting the streets to call for his resignation, it sounds like Cho Yang-ho is not long for the C-suite.

1 year ago

Korean Air Ousts Chairman’s Daughters After Their Rude Behavior

Korean Air Ousts Chairman’s Daughters After Their Rude Behavior

Dave McCombs, Bloomberg

The chairman of Korean Air and its parent group said he will promote professional managers to replace his two daughters, who have been fired over rude behavior. That's a smart move, though it raises questions about the wisdom of handing out executive roles to family members in the first place.

2 years ago

Airlines Fear Tariffs Will Stoke a U.S.-China Trade War

Airlines Fear Tariffs Will Stoke a U.S.-China Trade War

Brian Sumers, Skift

President Trump probably didn't consult many airline executives before announcing his China tariff plan. Airlines could be losers if this spurs a trade war.

2 years ago

U.S. Approves Delta Joint Venture With Korean Air

U.S. Approves Delta Joint Venture With Korean Air

Associated Press

The agreement means Delta and Korean Air passengers will be able to earn and redeem loyalty program miles in each carrier's program.

2 years ago

While Some Airlines Go Basic, the In-Flight Bar Scene Gets Premium Attention

While Some Airlines Go Basic, the In-Flight Bar Scene Gets Premium Attention

Eric Rosen, Bloomberg

Notably missing from this list are any of the U.S. legacy carriers. Just saying.

3 years ago

Delta Deepens Relationship With Korean Air to Expand Its Foothold in Asia

Delta Deepens Relationship With Korean Air to Expand Its Foothold in Asia

Kyunghee Park, Bloomberg

Delta didn't want to feel outdone by American's announcement last week to tie-up with an Asian carrier. Delta's advantage, however, is that it's had an ongoing relationship with Korean Air while American is newer to partnerships in the region.

3 years ago

For Low-Cost Airlines, Korea Punches Above Its Weight

For Low-Cost Airlines, Korea Punches Above Its Weight

Kyunghee Park, Bloomberg

Koreans may love a deal, but it's hard to believe a country of South Korea's size can support six low cost carriers long term.

3 years ago