SEOUL, July 29 (Korea Bizwire) – Hyundai Motor Co. and Kia Corp., South Korea’s leading automotive companies, on Monday held a joint demonstration for their integrated air taxi service technology in Indonesia, the companies said. The automakers said they held a public event to demonstrate their combined integrated advanced air mobility (AAM) technology at Samarinda [...]
SEOUL, July 22 (Korea Bizwire) – Korean Air Co. said Monday that it has signed a memorandum of understanding with Boeing to buy up to 50 airplanes, including 20 777-9s, in a bid to upgrade its fleet. Under the deal valued at roughly 30 trillion won (US$21.6 billion), Korean Air, the country’s largest flag carrier, [...]
SEOUL, Jul. 22 (Korea Bizwire) — Korea Air Co., South Korea’s leading air carrier, said Monday it has received its first 787-10 Dreamliner passenger jet from Boeing Co. and will launch its inaugural flight this week. The full service carrier said it will introduce the next-generation, eco-friendly passenger jet in its route connecting Incheon International [...]
SEOUL, Jul. 22 (Korea Bizwire) — The number of international passengers on domestic low-cost carriers (LCCs) surpassed that of full-service carriers, such as Korean Air Co. and Asiana Airlines Inc., as well as foreign airlines during the first half of the year, industry data showed Monday. According to data from the Ministry of Land, Infrastructure [...]
SEOUL, July 20(Korea Bizwire) – The number of international passengers traveling via Incheon International Airport has leaped nearly 40 percent in the first half of 2024 from a year earlier, the airport’s operator said Friday. A total of around 34 million passengers traveled on international flights at Incheon International Airport in the first half, up [...]
GOYANG, Jul. 18 (Korea Bizwire) – The city of Goyang, a suburb of Seoul located in Gyeonggi Province, is emerging as a frontrunner in the development of Urban Air Mobility (UAM) infrastructure, potentially ushering in a new era of “30-minute travel times” across the Seoul metropolitan area. According to a recent report by the Goyang Policy [...]
SEOUL, Jul. 17 (Korea Bizwire) — The government is taking administrative action against Saudi Arabian airline Saudia for suspending its direct flights to South Korea without permission from aviation authorities, according to officials Wednesday. The Ministry of Land, Infrastructure and Transport issued a prior notice of administrative measure to Saudia on Monday. Saudia has been [...]
BUSAN, July 15 (Korea Bizwire) – A global conference on space research kicked off in Busan on Monday with the aim of fostering international scientific research in space, officials said. About 3,000 space scientists and industry officials from some 60 nations attended the 45th Scientific Assembly of the Committee on Space Research (COSPAR), according to [...]
SEOUL, Jul. 8 (Korea Bizwire) — Passenger traffic at South Korean carriers jumped 29 percent to a record 47 million in the first half from a year earlier on higher demand for affordable air travel, government data showed Monday. The number of passengers who traveled via flights offered by 10 local airlines came to 47.56 [...]
SEOUL, Jul. 4 (Korea Bizwire) — Combined investment made by the South Korean aviation industry to ensure safe air travel rose 38 percent on-year in 2023 to reach over 5.8 trillion won (US$4.18 billion), government data showed Thursday. According to the Ministry of Land, Infrastructure and Transport, the combined spending on air travel safety by [...]