Boeing Delivers Korean Air’s First 787-9 Dreamliner

Flag carrier becomes the first in Korea to operate the 787

CHARLESTON, S.C., Feb. 22, 2017 /PRNewswire/ — Boeing [NYSE:BA] and Korean Air today celebrated the delivery of the airline’s first 787-9 Dreamliner. The Seoul-based carrier will be the first Korean carrier to operate the 787-9 Dreamliner in the country. The airline is scheduled to launch domestic flights to Jeju from Seoul (Gimpo) for a month as part of the required certification period, before launching long-haul international routes to Toronto, Madrid, and Zurich later this year.

“The 787 Dreamliner will be a key member of Korean Air’s fleet as we continue to introduce next-generation airplanes to our customers,” said Walter Cho, president of Korean Air. “The aircraft is fuel efficient, quiet, has lower operating costs and is spacious and very elegant.  The cabin features are impressive and will ensure maximum comfort for Korean Air’s passengers.”

Korean Air is scheduled to introduce five 787-9 Dreamliners to its fleet this year with another five joining the fleet by 2019.

“This milestone delivery adds yet another chapter in our long and successful relationship with Korean Air,” said Rick Anderson, vice president of Northeast Asia Sales, Boeing Commercial Airplanes. “Korean Air continues to demonstrate its leadership in the global commercial airline industry and we are confident that the market-leading efficiency and comfort of the 787-9 Dreamliner will build onto their long-term success for many years to come.”

The Boeing 787-9 Dreamliner is the second member of the super-efficient, passenger-pleasing 787 family. Both the 787-8 and 787-9 bring the economics of large jets to the middle of the market, with 20 percent less fuel use and 20 percent fewer emissions than the airplanes they replace. At 20 feet (6 meters) longer than the 787-8, the 787-9 extends the family in capacity and range, flying more passengers and more cargo farther.

Korean Air, with a fleet of 175 aircraft, is one of the world’s top 20 airlines, and operates more than 460 flights per day to 132 cities in 46 countries. It is a founding member of the SkyTeam alliance, which together with its 20 members, offers its 665 million annual passengers a worldwide system of more than 17,343 daily flights covering 1,062 destinations in 177 countries.

For more information, visit: http://www.boeing.com/commercial/customers/korean-air/korean-air-first-787-9-dreamliner.page

Contact:
Kevin Yoo
International Communications
Boeing Commercial Airplanes
+1 206 766 2906
kevin.k.yoo@boeing.com

Nathan Cho
Korean Air Corporate Communications
+822-2656-7252
hmookcho@koreanair.com

SOURCE : Boeing Website

Opening doors in South Korea: Airbus’ A380 supports growth at the country’s major hub

As a highly modern society, it is no surprise that South Korea today has two home-based A380 airline operators – Korean Air and Asiana Airlines – who are taking advantage of the “A380 effect” to define new opportunities in the Seoul Capital Area and own the sky.

Using Incheon Airport as a finely-tuned hub-and-spoke operation to serve South Korea and its capital city, Seoul, these carriers’ A380s are important assets in capturing traffic growth, developing business and increasing tourism links across Asia and beyond.

A combined total of 15 A380s currently are flown by the two airlines, helping put Incheon Airport on track to become one of the world’s top global airports.

Airbus Website

Today takeoff the last flight Korean Air 62-Guarulhos Los Angeles-Incheon GRU-LAX-ICN

Today at 13:20 (Brasilia time) takes off from Guarulhos International Airport, the last Korean Air flight 62 bound for Incheon (54 km from Seoul) and a technical stopover for refueling of aircraft tanks (pictured above). As we said earlier, the high dollar in Brazil, the transit visa requirement in Los Angeles and competition with American Airlines that operates daily flight Los Angeles-Guarulhos become the Brazil-South Korea route without profitability. Originally, this flight was operated from 1992 to 1999 by the now defunct Viação Aérea São Pauloa(Air Traffic São Paulo) on Tuesdays, Thursdays and Saturdays with MD-11, with the stopover to replenish the tanks in Los Angeles and final destination airport Gimpo 15 km from Seoul. In 1999, VASP sold the route to Korean Air which operated until 2002. In 2006, the South Korean company resumed Brazil-South Korea  flights and Incheon became the final destination of the flight. At first, the flights with Boeing 777 were operated.


However, the low profitability made the Korean Air exchange the aircraft for an A330 in year 2013 and yet seems to have been not enough to keep the route.

A pity this kind of situation. This is a defeat for the people. It is an option less for Brazil and South Korea. The site FlightAware will live stream this flight from 13h20. CLICK HERE to follow.

Korean Air seeks alternative funding plans for Hanjin Shipping

Korean Air, the largest shareholder of Hanjin Group, appears to be seeking alternative plans to save near-bankrupt Hanjin Shipping in the face of the board’s rejection of injecting $60 billion won ($53.7 million) in the ailing shipper.

During several rounds of emergency meetings held during the Chuseok holiday, Korean Air’s executive board failed to reach an agreement to find $60 billion won for the cash-strapped firm.

“Since there are multiple stakeholders, holding the terminal collateral is nearly impossible. New measures are under discussion,” a source familiar with the matter was quoted by Yonhap News Agency as saying.

Amid growing public pressure for the parent group to cover the overdue balance and ease the freight transportation issue, Hanjin Group Chairman Cho Yang-ho vowed earlier this month to inject 100 billion won.

Of the 100 billion won, 40 billion won came from Cho’s private assets. The remaining 60 billion won was to come in the form of loans secured by the shipping unit’s stakes of Hanjin Long Beach. But the plan appears to have floundered due to opposition from Korean Air’s board members.

The board initially made an agreement on Sept. 10 to draw up 60 billion won with loans secured by the terminal collateral. But they reversed the plan after some board members raised questions that it could be subject to breach of trust and also that the nature of the plan is unrealistic.

Some pointed out that the plan is not feasible when looking at shareholder structure.

Holding the terminal as collateral requires approval from another shareholder, MSC, which owns 46 percent of the terminal’s shares, as well as six foreign financial institutions from which Hanjin has already taken out collateral loans.

Hanjin Shipping had asked for approval to secure the terminal, but the financial institutions reportedly did not respond to the request.

The board also discussed injecting the funds first to the shipping company and acquiring the security later. But some board members reportedly opposed to the plan saying that it is subject to malpractice.

Korean Air holding other assets as collateral seems to be difficult, as the airline reportedly has nearly no useful assets, except for the terminal, industry insiders said.

Hanjin Shipping is in need of 170 billion won to cover overdue balance and resolve delays in cargo.

Last week, Cho injected 40 billion won from his personal asset to the ailing shipper. His sister-in-law and the former Hanjin Shipping Chairwoman Choi Eun-young also presented 10 billion won from her own pocket in the face of the angry public holding her responsible for the Hanjin crisis.

Meanwhile, 54 Hanjin vessels have had their operations disrupted overseas. With stay orders granted in several countries, unloading work has resumed in Japan, following the US and Spain.

By Lee Hyun-jeong (rene@heraldcorp.com)

Source : The Korea Herald

Korean Air to expand code-sharing with Delta Air

SEOUL, Sept. 7 (Yonhap) — South Korea’s top flag carrier Korean Air Lines Co. said Wednesday that it will expand its code-sharing agreement with Delta Air Lines Inc. as part of efforts to boost its revenue and improve customer convenience.

In a deal with the major air carrier based in the U.S., Korean Air will increase the number of its code-sharing routes from the current 32 to 159 starting in November, according to the company.

Code-sharing allows an air carrier to sell its tickets on another’s flight. It is aimed mostly at boosting revenue by increasing passenger seats and flight destinations without requiring a carrier to use its own airplanes.

Korean Air currently operates a total of 260 routes subject to code-sharing deals with 35 air carriers.

(END)

 

Source : Yonhap News Agency

Passengers demand Korean Air compensate them for incident on codeshare partner flight

a330 kOREAN aIR

A set of passengers have taken Korean Air Lines Co. to court for an incident aboard a foreign carrier with which it has a codeshare agreement, a case that may set the boundary of responsibilities between the actual operator of a flight and its partner, aviation industry officials said Tuesday.

The plaintiffs were headed to the Czech Republic on a Czech Airlines flight on Sept. 12, 2014, out of Incheon International Airport, west of Seoul. The flight was a codeshare with Korean Air, with Czech Airlines as the operating carrier.

During the flight, one of the plaintiffs, the mother, was pricked by a syringe in the seat pocket while stretching and received emergency care aboard the plane on fears that the needle may have been used by an AIDS patient. The plaintiffs said they asked to keep the syringe for a thorough checkup after returning to Korea but were advised to get tested at a local hospital in the Czech Republic. They ended up waiting for days for the test results and were not given the syringe back due to translation errors by an airline employee, the plaintiffs said.

Korean Air contacted them a week later and said it was not responsible since the incident occurred aboard a Czech Airlines flight, and although it has repeatedly said it will make compensations, it has not done so, the plaintiffs said.

The case was filed recently with the Seoul Central District Court, with the plaintiffs demanding 70 million won ($63,262) in damages to cover nearly a month of hospital treatment and mental duress from the incident.

The lawyer for the plaintiffs said although Korean Air was not the operating carrier, it has to bear equal responsibility with Czech Airlines under the Montreal Convention. The treaty says passengers who suffer physically or mentally on airlines can be compensated up to 180 million won.

“We had discussed compensation measures with the plaintiffs but were unable to come to an agreement,” a Korean Air official said.

“We will take measures after a legal review once the case is accepted by the court.” (Yonhap)

Source : The Korean Air

Recesión creada por Dilma Rousseff hace Korean Air suspender vuelos entre Brasil y Corea del Sur en Septiembre

La recesión que afecta a Brasil continúa mostrando su daño. Korean Air anunció el viernes 24, los vuelos 61 (Corea-EEUU – Brasil) realizados en lunes, miércoles, viernes y domingos y (Brasil-Estados Unidos-Corea del Sur) 62, realizados en martes, jueves y sábados, ya no serán operados a partir del día 09.26.2016. La baja demanda, la demanda de visado de tránsito cuando llega a los Estados Unidos, donde se realiza la escala para repostar combustible  (en la foto) y el alto valor del dólar hizo  la empresa dejar de operar los vuelos. La venta de entradas en los vuelos reportados anteriormente ya no se realiza desde 00h00 de sábado(Horário de Fortaleza) . American Airlines transportará a los pasajeros que compraron las entradas a partir del día 09/25/2016. Korean Air dice que  Incheon-Los Angeles-Guarulhos y vuelos de regreso se reanudarán en el período de vacaciones escolares.