Korean Air doubled its net profit in 2022 thanks to the recovery of passenger traffic in Southeast Asia, Oceania, and Japan. However, cargo generated lower revenues due to the slowdown of the global economy, the airline reported on February 1. Korean Air grows net...
Korean Air enters 2023 with the approval of its takeover of Asiana Airlines by the Chinese ministry of commerce. This is an important step in completing the acquisition plan, although approval from some key countries is still pending. China approves Korean Air/Asiana...
Etihad is about to do ‘a Lufthansa’. After many months of saying “we won’t” and “we might”, the Abu Dhabi airline has now confirmed that it will bring back four Airbus A380s out of storage for the summer 2023 schedule. Etihad confirms it needs A380s after all. The...
Korean Air’s revenues got a huge boost in Q3 from the removal of pre-arrival mandatory Covid testing in South Korea and the relaxation of other travel restrictions. Revenues grew by almost 65 percent to KRW 3.7 trillion, up from KRW 2.2 trillion in the same...
Here is our rolling report with short aviation news for the month of August 2022: 29 – Spanish airline Air Europa has signed an agreement with AerCap to lease ten Boeing MAX 8s plus five 787-9s. All aircraft will be delivered between 2024 and 2026. Air Europa...
AirInsight is the boutique aerospace media and analysis team and part of AirInsight Group LLC.
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