Jin Air, the premium short-haul carrier established in 2008 by Korean Air, will start its inaugural international flights in October this year to cities in China and Thailand. … [Read more...] about Jin Air to begin international routes soon
Korean Air
Korean Air reports net loss
Korean Air reported a full-year 2008 net loss of KRW1.96 trillion (US$1.4 billion), reversed from a net profit of KRW11.1 billion in 2007, citing the weak won as the biggest contributor to the heavy decline. It also said yesterday that it is boosting its A380 order from eight aircraft to 10 and will initiate "more aggressive investment" this year with the aim of achieving a "black ink balance" in 2009 while building "a foundation for future growth." It said it will focus on "increasing overseas … [Read more...] about Korean Air reports net loss
Delta Air Lines quits US cargo joint venture
Delta Air Lines Inc has announced its departure from its US cargo joint venture with Air France-KLM and Korean Air as of January. The move follows Delta's decision to merge with US rival Northwest Airlines. The cargo joint venture has annual turnover of US$500 million. Air France and Korean Air will continue with the the joint venture. … [Read more...] about Delta Air Lines quits US cargo joint venture