Korean Air announced today it has acquired a 11.02% stake in WestJet’s parent companies, Kestrel Topco Inc. and Kestrel Holdings Inc, through an investment of USD 217 million. This investment represents a 10% equity stake in WestJet, Canada’s second-largest airline. The transaction, first ...

Boeing and Korean Air announced that the airline's intent to purchase 103 of Boeing's fuel-efficient family of airplanes to modernize its fleet and support the carrier's growth as it fully integrates operations with Asiana Airlines over the next several years. Korean Air's commitment will be the ...

Delta Air Lines and Korean Air will strengthen their respective partnerships with WestJet through the purchase of minority equity stakes in the Canadian airline from Onex Partners, the upper middle market private equity platform of Onex, a Canadian investor and alternative asset manager. Affiliat...

GE Aerospace announced today that following Korean Air's agreement to purchase 20 Boeing 777-9s and up to 30 787-10s, the airline has placed an order for GEnx and GE9X engines to power its new aircraft. Russell Stokes, president and CEO, commercial engines and services, GE Aerospace said: "We're ...

Korean Air has introduced its new corporate identity on March 11, revealing a modernized version of its signature Taegeuk symbol. The unveiling took place at the airline’s headquarters hangar in Seoul during an exclusive event titled "Rising Night." Approximately 1,000 guests, including empl...

Korean Air signed a Memorandum of Understanding with Boeing on July 22 at the Farnborough International Airshow to upgrade and expand its widebody fleet. The airline has announced its intent to procure 20 Boeing 777-9s and 20 Boeing 787-10s with options for 10 more of the largest 787 Dreamliner v...

Boeing and Korean Air announced today the airline's intent to purchase up to 50 of Boeing's highly fuel-efficient widebody airplanes, including 20 777-9s and 20 787-10s with options for 10 more of the largest 787 Dreamliner variant. Korean Air's selection of the 777-9 and 787-10 supports planned ...

Korean Air has started construction of an aircraft engine maintenance cluster in Unbuk, near Incheon International Airport, which is slated to open in 2027. The new engine maintenance complex will be the largest in Asia, and will bolster the airline’s aircraft engine maintenance capabilities an...

Korean Air hosted an event at the airline’s hangar at Incheon International Airport to showcase a special livery in support of Korea's successful bid to host the World Expo 2030 in South Korea’s second largest city, Busan. Han Duck-soo, Prime Minister of Republic of Korea, Walter Cho, Chairma...

In his New Year’s address to the Korean Air team, Korean Air’s Chairman and CEO, Walter Cho, emphasized the importance of gaining a competitive edge as the aviation industry normalizes post-COVID. Cho also confirmed the company’s plans to successfully complete the acquisition of Asiana Airl...