Korean Air is set to fly its inaugural passenger flight to Budapest in Hungary on 3 October using its Boeing 787-900. The service will fly once a week on Mondays from Seoul Incheon to Budapest with a return flight the next day. The airline said the move follows the launch of cargo services to Budapest in February 2020 as it plans to bolster the competitiveness of its European network, especially in the eastern region. Korean Air will increase the number of flights to Budapest to two (every … [Read more...] about Korean Air to start new Budapest route in October
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SIA Group posts net loss in first quarter despite cargo picking up slack
Singapore Airlines (SIA) Group posted S$1.12 billion in net loss for Q1 FY2021, reversing the $$111 million net profit in the first quarter of FY2020, an announcement revealed. Revenue also drastically dropped 79.3% to S$851 million from S$4.1 billion over the same period, which was partially offset by cargo activity. SIA said that much of the cargo demand came from urgent movements of personal protective equipment, pharmaceuticals and fresh foods, which boosted the cargo load … [Read more...] about SIA Group posts net loss in first quarter despite cargo picking up slack
