KSE - Delayed Quote KRW

Korean Airlines Co.,Ltd. (003490.KS)

24,050.00

0.00

(0.00%)

At close: 3:30:10 PM GMT+9

Korean Air Shakes Off Political Crisis With Sale of Yen Bonds

(Bloomberg) -- Korean Air Lines Co. priced Samurai bonds with less of a yield premium than similar yen notes, helped by a guarantee from a state-backed lender even as the nation is hit by a political crisis.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyNYC Commuters Get New Way to Dodge Traffic: $95 Helicopter RidesWill Americans Ever Lose Their Taste for Telework?Chicago Agency Pitches $1.5 Billion Plan to Fix Transit WoesScaramucci, Ackman Donate to Whitney

Bloomberg 5 days ago

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South Korea to safeguard competition after Korean Air, Asiana merger

SEOUL (Reuters) -South Korea will support smaller airlines and monitor market competitiveness after dominant carrier Korean Air completed a $1.3 billion acquisition of Asiana Airlines on Thursday to create one of Asia's biggest carriers. Korean Air acquired a 63.88% stake in the country's second-largest airline, making it a subsidiary three years later than Asiana had initially anticipated. The enlarged Korean Air group could account for just over half of South Korea's passenger capacity, and would become the world's 12th-largest airline by international capacity, a Reuters analysis of airline data from Cirium and OAG shows.

Reuters last month

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Korean Air says turbulence is knocking instant noodles off its economy menu

Turbulence is knocking a beloved instant-noodle offering off Korean Air's economy menu. Cups of Shin Ramyun instant noodles, a favorite among Korean Air travelers over the years, will no longer be available for economy-class passengers starting Aug. 15, a spokesperson for the Seoul-based airline said. “This decision is part of proactive safety measures in response to increased turbulence, aimed at preventing burn accidents,” Korean Air said.

Associated Press Finance 5 months ago

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Korean Air cuts hot cup noodles in economy as turbulence rises

Korean Air will stop serving instant cup noodles, a popular snack in Korea known as ramyeon that requires boiling water, on its long-haul flights, part of changes in response to increased turbulence incidents. Concerns about turbulence on planes have heightened since a Singapore Airlines flight from London in May encountered a severe incident leading to one death and dozens of injuries. "This decision is part of proactive safety measures in response to increased turbulence, aimed at preventing burn accidents," Korean Air said in a statement on Thursday.

Reuters 5 months ago

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Boeing Gets Korean Air Commitment for up to 50 Wide-Body Aircraft Order

Boeing Gets Korean Air Commitment for up to 50 Wide-Body Aircraft Order

PREMIUM
MT Newswires 5 months ago

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Korean Air Purchasing Up To 50 Boeing Wide-Body Planes

Korean Air will be purchasing up to 50 wide-body planes from Boeing, which has come under increased scrutiny this year for its quality control procedures.

Investopedia 5 months ago

BA

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Korean Air set to order about 20 Boeing 777X jets, sources say

Boeing is set to announce on Monday an order for roughly 20 777X jets from Korean Air, in a boost to the U.S. planemaker’s long-delayed plane programme, two sources familiar with the matter said. Monday's announcement at the Farnborough Airshow could also include 787 jets, one of the sources said. Boeing declined to comment.

Reuters 5 months ago

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Market Chatter: Korean Air Nears Deal for Boeing 777X Jets, Reuters Reports

Market Chatter: Korean Air Nears Deal for Boeing 777X Jets, Reuters Reports

PREMIUM
MT Newswires 6 months ago

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Air Incheon to consider widebody freighter orders after Asiana cargo purchase

Air Incheon, set to become South Korea's second-biggest freight carrier once a deal to buy Asiana Airlines' cargo unit is finalised, will consider both Boeing and Airbus freighters to refresh the widebody fleet, its CEO said. The EU competition regulator last month approved Air Incheon, a small cargo-only carrier with four Boeing 737s, as the preferred bidder to buy Asiana's cargo business, as a condition of approval for it to merge with Korean Air Lines.

Reuters 6 months ago

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Boeing nearing deal to sell 777X jets to Korean Air, sources say

South Korea's largest carrier has been in talks over a potential return to its traditional supplier of long-haul aircraft for months after placing a surprise order for 33 A350 jets from Boeing's European rival Airbus in March. The sources said the potential new order could involve as many as 20 to 30 of the 777X aircraft, which are worth some $198 million each after typical market discounts, according to estimated delivery prices from Cirium Ascend. Boeing said it does not comment on commercial discussions and referred any queries on Korean's intentions to the airline.

Reuters 6 months ago

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Korean Air, Malaysia Airlines flights disrupted by pressurization problems

A Korean Air flight to Taiwan was forced to return to Incheon airport west of Seoul after a sudden depressurization on the plane, a Boeing 737 Max 8, the transport ministry said Tuesday. The aircraft was grounded and the ministry ordered South Korea’s 11 airlines to examine pressurization systems in all their 400 aircraft. Separately, Malaysia Airlines said one of its flights en route to Bangkok on Monday made a U-turn back to Kuala Lumpur after the Airbus A-330 experienced a “pressurization issue.”

Associated Press Finance 6 months ago

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Air Incheon tapped as preferred bidder for Asiana’s freighter business

Korean Air will give a small South Korean carrier first crack at buying the freighter assets of Asiana Airlines, as required by EU regulators to approve a Korean-Asiana combination. The post Air Incheon tapped as preferred bidder for Asiana’s freighter business appeared first on FreightWaves.

FreightWaves 7 months ago

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Korean Air sells five jets to US aerospace firm Sierra Nevada

Korean Air will sell five of its planes to U.S. aerospace firm Sierra Nevada Corporation, the airline said in an exchange filing on Wednesday. Sierra Nevada recently won a $13 billion U.S. Air Force contract to develop a successor to the E-4B Nightwatch, known as the Doomsday plane due to its ability to survive a nuclear war and act as a command and control centre during emergencies. Sierra Nevada did not immediately respond to a request for comment.

Reuters 8 months ago

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CORRECTED-Korean Air sells five jets to US aerospace firm Sierra Nevada

Korean Air will sell five of its planes to U.S. aerospace firm Sierra Nevada Corporation, the airline said in an exchange filing on Wednesday. Sierra Nevada recently won a $13 billion U.S. Air Force contract to develop a successor to the E-4B Nightwatch, known as the Doomsday plane due to its ability to survive a nuclear war and act as a command and control centre during emergencies. Sierra Nevada did not immediately respond to a request for comment.

Reuters 8 months ago

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RPT-UPDATE 1-Korean Air in talks to buy Boeing 777X jets, sources say

Korean Air is in talks over the purchase of at least 10 Boeing 777X jetliners in a potential tilt back towards its traditional U.S. supplier after placing a major order with European rival Airbus, two industry sources said. The discussions come weeks after Korean announced an order for 33 A350 jets from Airbus in what was widely seen as a breakthrough for the European planemaker into the flag carrier's Boeing-dominated wide-body fleet. The sources said discussions between Korean Air and Boeing on the 777X, an upgrade of the 777 mini-jumbo already used by South Korea's largest carrier, were ongoing.

Reuters 8 months ago

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EADSY
UPDATE 1-Korean Air in talks to buy Boeing 777X jets, sources say

Korean Air is in talks over the purchase of at least 10 Boeing 777X jetliners in a potential tilt back towards its traditional U.S. supplier after placing a major order with European rival Airbus, two industry sources said. The discussions come weeks after Korean announced an order for 33 A350 jets from Airbus in what was widely seen as a breakthrough for the European planemaker into the flag carrier's Boeing-dominated wide-body fleet. The sources said discussions between Korean Air and Boeing on the 777X, an upgrade of the 777 mini-jumbo already used by South Korea's largest carrier, were ongoing.

Reuters 8 months ago

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EADSY
Korean Air in talks to buy Boeing 777X jets, sources say

(Reuters) -Korean Air is in talks over the purchase of at least 10 Boeing 777X jetliners in a potential tilt back towards its traditional U.S. supplier after placing a major order with European rival Airbus, two industry sources said. The discussions come weeks after Korean announced an order for 33 A350 jets from Airbus in what was widely seen as a breakthrough for the European planemaker into the flag carrier's Boeing-dominated wide-body fleet. The sources said discussions between Korean Air and Boeing on the 777X, an upgrade of the 777 mini-jumbo already used by South Korea's largest carrier, were ongoing.

Reuters 8 months ago

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Viasat (VSAT) to Install In-Flight Connectivity for Korean Air

Korean Air will deploy Viasat's (VSAT) in-flight connectivity solutions in its upcoming fleet of Boeing 787s to elevate passengers' experience on board.

Zacks 9 months ago

VSAT

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Cargo unit sale seals EU approval for Korean Air buy of Asiana

The European Union blessed a Korean Air takeover of Asiana Airlines under the condition that Asiana sells off its cargo airline. The post Cargo unit sale seals EU approval for Korean Air buy of Asiana appeared first on FreightWaves.

FreightWaves 11 months ago

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Japan Approves Korean Air and Asiana Mega-Merger, But Two Huge Hurdles Remain

Any celebration in Seoul will likely be muted, as airline chiefs know the biggest regulatory challenges are yet to come.

Skift 11 months ago

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Performance Overview

Return	003490.KS	KOSPI Composite Index
YTD	+6.42%	+6.15%
1-Year	+6.89%	+3.36%
3-Year	-7.51%	-10.13%

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Korean Airlines Co.,Ltd. (003490.KS)

Korean Air Shakes Off Political Crisis With Sale of Yen Bonds

South Korea to safeguard competition after Korean Air, Asiana merger

Korean Air says turbulence is knocking instant noodles off its economy menu

Korean Air cuts hot cup noodles in economy as turbulence rises

Boeing Gets Korean Air Commitment for up to 50 Wide-Body Aircraft Order

Korean Air Purchasing Up To 50 Boeing Wide-Body Planes

Korean Air set to order about 20 Boeing 777X jets, sources say

Market Chatter: Korean Air Nears Deal for Boeing 777X Jets, Reuters Reports

Air Incheon to consider widebody freighter orders after Asiana cargo purchase

Boeing nearing deal to sell 777X jets to Korean Air, sources say

Korean Air, Malaysia Airlines flights disrupted by pressurization problems

Air Incheon tapped as preferred bidder for Asiana’s freighter business

Korean Air sells five jets to US aerospace firm Sierra Nevada

CORRECTED-Korean Air sells five jets to US aerospace firm Sierra Nevada

RPT-UPDATE 1-Korean Air in talks to buy Boeing 777X jets, sources say

UPDATE 1-Korean Air in talks to buy Boeing 777X jets, sources say

Korean Air in talks to buy Boeing 777X jets, sources say

Viasat (VSAT) to Install In-Flight Connectivity for Korean Air

Cargo unit sale seals EU approval for Korean Air buy of Asiana

Japan Approves Korean Air and Asiana Mega-Merger, But Two Huge Hurdles Remain

Performance Overview