Korean Air, South Korea’s flag carrier, has expanded its widebody fleet with the addition of a Boeing 787-10, carrying manufacturer serial number 66881. The aircraft is powered by General Electric GEnx-1B engines, known for their high efficiency and lower emissions on long-haul operations.
Jeju Air, South Korea’s largest low-cost carrier, has completed the purchase of its fifth Boeing 737-8, serial number 66542, powered by LEAP-1B engines. This addition brings the airline’s total fleet size to 43 aircraft, underscoring its steady post-pandemic recovery and growth trajectory.
T’way Air, a South Korean low-cost carrier, has appointed Lee Sang-yoon as its new Acting Chief Executive Officer, following a board decision aimed at realigning the airline’s strategic vision and leveraging group synergies. The appointment marks a key leadership transition as the airline navigates expansion and post-pandemic recovery in an increasingly competitive market.
Korean Air, the flag carrier of South Korea, has taken delivery of a Boeing 787-10, bearing manufacturer serial number (MSN) 60307, as part of its long-haul fleet expansion strategy. The aircraft was delivered on lease and is powered by GEnx-1B engines, manufactured by GE Aerospace.
Air Premia, the hybrid airline based in South Korea, has taken delivery of a Boeing 787-9 Dreamliner, serial number 62082, under a wet lease agreement from Korean Air. The aircraft is powered by Rolls-Royce Trent 1000 engines and represents a strategic move to enhance Air Premia’s wide-body capabilities while maintaining fleet flexibility.
AURA AERO, the French manufacturer of electric-hybrid aircraft, has announced that its ERA (Electric Regional Aircraft) program has surpassed the 650 pre-order milestone. The achievement reflects increasing market interest in next-generation sustainable regional aviation, with five new letters of intent (LOIs) signed by a mix of international carriers, bringing the total order value to over $10.5 billion.
KDB Industrial Bank, a leading South Korean state-owned financial institution, has confirmed its intention to divest its 10.58% equity stake in Hanjin KAL, the parent company of Korean Air, once the pending merger between Korean Air and Asiana Airlines reaches its conclusion. The earliest timeline for this divestment is projected to be late 2026, depending on regulatory approvals and finalization of the…
Hyundai Glovis, the South Korean logistics and transport affiliate of Hyundai Motor Group, has strengthened its commitment to the aviation cargo sector by increasing its investment in the Socius Korea Investment No. 1 Corporate Financial Stability Private Equity Partnership. The fund is the major backer of Air Incheon, which is in the process of acquiring Asiana Cargo. With…
Eastar Jet, a low-cost carrier based in South Korea, has announced a planned capital increase of $43.9 million, set to be completed within June 2025. The move is part of a broader effort to strengthen the airline’s financial foundation and enable fleet growth as it continues its recovery in the post-pandemic aviation environment.
T’way Air (South Korea) has taken delivery of a Boeing 737‑8, serial 62936, equipped with CFM International LEAP‑1B engines. This delivery enhances its modern narrow-body fleet, improving route efficiency and capacity.
