Any data showing a slowdown in travel bookings is just noise, as Delta executives see it. They say demand is strong, and have the numbers to back them up.
Korean Air, in the late 1970s, lured Western travelers with a "Seoul Shortcut." It was making reference to the advantageous location of its Seoul hub, for routes between North America and Asia.
Korean Air and Asiana will have to wait a little bit longer to get married. The EU is extending its decision date on the transaction further into the summer of 2023. The deal hopes to be fully approved by 2024.
Korean Air enjoys the distinction of being the only global airline not to post any losses during the pandemic, thanks largely to its cargo operations. But if the carrier wants to continue that competitive advantage, South Korea needs to drop restrictions impacting passenger demand.
Korean Air reported record cargo revenues — again — in the September quarter as the bottlenecks in supply chains and maritime shipping boosted its air freight business. But, despite rare pandemic profits, the South Korean carrier says passengers need to return for its long-term health.