Air Incheon (South Korea) is set to amend its Air Operator’s Certificate (AOC) by March 2025. This strategic move comes as the airline prepares for the transfer of freighters from Asiana Airlines (South Korea), enhancing its cargo operations.
Jin Air (South Korea) is set to absorb Air Seoul and Air Busan, as the merger of their respective parent companies moves closer to completion. Jin Air, the largest subsidiary of Korean Air, will become a more dominant player in the domestic aviation market through this consolidation.
StandardAero (US) has entered into a General Terms Agreement (GTA) with T’way Air (South Korea) to provide MRO services for the airline’s CFM56-7B and LEAP-1B engines. This strategic partnership highlights StandardAero’s growing presence in the Asian aviation market and its commitment to delivering reliable maintenance solutions.
Asiana Airlines (South Korea) has expanded its fleet with the delivery of a new Airbus A321neo, identified by serial number 12033. The aircraft is equipped with LEAP-1A32 engines, offering enhanced performance and fuel efficiency.
China Eastern Airlines has announced a new nonstop route connecting Harbin and Seoul Incheon, set to begin on 27 December 2024. The flights will be operated by the airline’s Airbus A320, enhancing connectivity between northeastern China and South Korea.
T’way Air (South Korea) has announced its plans to launch a new route connecting Daegu and Ulaanbaatar. The service is set to begin on 10 December 2024, utilizing the airline’s Boeing 737-800 aircraft.
Asiana Airlines (South Korea) faced legal opposition from its pilots’ union regarding the proposed sale of Asiana Cargo, a key business unit of the airline. The pilots’ union filed an injunction to halt the sale, citing concerns over operational stability and workforce implications. However, the South Korean courts have rejected the injunction, allowing the sale process to proceed.
Jin Air, a leading South Korean low-cost carrier, has expanded its fleet with the delivery of a Boeing 737-8, identified by serial number 63442. The aircraft is equipped with LEAP-1B engines, known for their exceptional fuel efficiency and environmental performance.
Eastar Jet, a South Korean low-cost carrier, has announced plans to commence a new service between Seoul Incheon (ICN) and Tokushima (TKS) in Japan. The route is scheduled to launch on December 26, 2024, marking another step in strengthening air connectivity between South Korea and Japan.
T’way Air, a low-cost carrier based in South Korea, has reported its Q3 2024 financial results, showing a net loss of $2.2 million despite achieving a 14.5% year-over-year increase in sales to $281 million. The results highlight the challenges faced by the airline industry in balancing revenue growth with rising operational costs.
