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#181 |
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Hong Kong
Join Date: Sep 2002
Posts: 71,044
Likes (Received): 823
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Korean Air Q4 profit misses f'cast, eyes strong 2011
Reuters - Thursday, January 27 SEOUL, Jan 27 - Korean Air Lines Co Ltd <003490.KS>, the world's top freight carrier among commercial airlines, posted a smaller-than-expected operating profit on Thursday amid heightened geopolitical risks and higher fuel costs but set a strong full-year target on expected growth in demand. South Korea's No.1 airline is expected to see an improvement in profits this year on upbeat prospects for passenger and cargo traffic. The company earned an operating profit of 189 billion won in the quarter ended December, missing a 253 billion won consensus forecast from Thomson Reuters I/B/E/S. The company made an operating profit of 154 billion won in the year-ago quarter. The SmartEstimate for operating profit from StarMine, which rates analysts based on past accuracy and timeliness, was 221 billion won. North Korea's Nov. 23 artillery attack on a South Korean island, which raised tensions on the peninsula to their highest levels since the 1950-53 Korean War, hurt travel, analysts said. Higher oil prices also drove up fuel costs for the airline. The two Koreas are now trying to calm tensions via dialogue. The South Korean flag carrier said it expects total 2011 revenues and operating profit to exceed 2010 on continuing growth in both passenger and cargo demand, while expanding its fleet. Korean Air will receive delivery of five Airbus A380 superjumbos this year, with the first flight planned for June. The company set a 2011 target of a 14 percent jump in operating profit to 1.3 trillion won versus a year ago. Also, it aims for a 9 percent increase in sales to 12.5 trillion won this year, the airline added. |
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#182 |
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Hong Kong
Join Date: Sep 2002
Posts: 71,044
Likes (Received): 823
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#183 |
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TerAzure
Join Date: Jan 2010
Location: Irpin|Kyiv
Posts: 2,356
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#184 |
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Hong Kong
Join Date: Sep 2002
Posts: 71,044
Likes (Received): 823
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By AirCanon from HKADB :
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#185 |
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TerAzure
Join Date: Jan 2010
Location: Irpin|Kyiv
Posts: 2,356
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Korean Air's first A380 with its distinctive livery
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#186 |
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Registered User
Join Date: Jan 2011
Posts: 205
Likes (Received): 0
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I think that Korean Airlines will have the second best livery in the sky after Singapore Airlines on their A380.. Just a very nice and bright livery..
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#187 |
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TerAzure
Join Date: Jan 2010
Location: Irpin|Kyiv
Posts: 2,356
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#188 |
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TerAzure
Join Date: Jan 2010
Location: Irpin|Kyiv
Posts: 2,356
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#189 |
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Registered Alien
Join Date: Mar 2008
Location: Paris / Southampton (New Forest)
Posts: 356
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Korean Air: To Start Receiving B787-9s From Boeing From 2016
http://www.nasdaq.com/aspx/stock-mar...eing-from-2016 SEOUL -(Dow Jones)- Korean Air Lines Co. (003490.SE) on Friday said it has revised its order for Boeing Co's (BA) 787 Dreamliner aircraft and that it would start receiving the new planes from 2016. Korean Air revised the contract so that it would receive 10 B787-9s as opposed to 10 B787-8s as originally agreed upon in 2005, the company said in a regulatory filing. The airline was supposed to start receiving the Dreamliners this year. The disclosure comes after Boeing said last week that it the Korean airline may not be able to get its first Dreamliner this year. The firm said at the time that no decision has been made about the delivery schedule for Korean Air. Separately, the airline said it has placed a $640 million order to acquire two B747-8F aircraft, which are for shipping cargo. -By Se Young Lee, Dow Jones Newswires; +82 2 3700 1904; vincent.lee@ dowjones.com |
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#190 | |
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threeyearson.
Join Date: Mar 2010
Location: Singapore
Posts: 9,502
Likes (Received): 968
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Source:http://www.businesstraveller.com/asi...et-enhancement
Quote:
__________________
+25|and counting |
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#191 |
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Registered User
Join Date: Apr 2011
Location: Daraga/Legazpi City, Albay
Posts: 167
Likes (Received): 15
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#192 |
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Registered User
Join Date: Jan 2005
Posts: 396
Likes (Received): 4
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#193 |
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Registered User
Join Date: Jan 2005
Posts: 396
Likes (Received): 4
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First Korean Air A380 for the start of a final phase of flight and ground tests
The first Korean Air A380 took to the skies today for the start of a final phase of flight and ground tests at Airbus facilities in Hamburg, Germany, where the aircraft has undergone painting and full cabin furnishing. Plans call for Airbus personnel to test all cabin systems, including air flow and air conditioning, lighting, galleys, lavatories, seats and in-flight entertainment, during the upcoming program of flights. Airbus also plans to undertake advanced general performance tests with the aircraft before it flies to Toulouse for preparation for delivery to the airline. Korean Air expects to become the sixth operator of the A380 when it begins flying the aircraft in June. The carrier plans to initially operate the A380 from Seoul to destinations in Asia, followed by non-stop long-haul services to North America and Europe. Korean Air has placed firm orders for 10 A380s. http://www.ainonline.com/ain-air-tra...-flight-29516/ http://flyfreesky.tistory.com/?page=2 ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
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#194 |
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Registered User
Join Date: Jan 2005
Posts: 396
Likes (Received): 4
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Korean Air to hire 500 more flight attendants
http://technews.tmcnet.com/news/2011/05/13/5510099.htm SEOUL, May 13, 2011 (The Korea Herald - McClatchy-Tribune Information Services via COMTEX) -- Korean Air, South Korea's No. 1 air carrier, has said that it will recruit an additional 500 flight attendants this month. The recruitment, which is on the largest scale ever, comes shortly after the company hired a total of 500 employees in February and March, company officials said. The air carrier also said that it will hire another group of 500 in the latter half of this year, which means 1,500 flight attendants will be employed in 2011. About 1,150 were recruited last year. The move takes place as Korean Air plans on introducing 16 new aircrafts this year, including five A380s which will be flying here beginning in June. Applicants will be accepted at the company's website (recruit.koreanair.com) until May 19 and applications for those with experience will be taken from May 20-30. Currently, Korean Air has 106 aircraft and 5,750 male and female flight attendants. |
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#195 |
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Registered User
Join Date: Jan 2005
Posts: 396
Likes (Received): 4
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Korean Air’s first A380: celebrating the delivery
24 May 2011 Toulouse, France Korean Air is set to become the sixth operator of Airbus’ 21st century flagship A380. To commemorate this milestone, a special celebration event will be held in Toulouse, France on 24 May with Airbus President and CEO Tom Enders and Korean Air Chairman Yang Ho Cho. In addition to live video streaming – which is scheduled to begin at 3:00 pm (UTC+2) – website updates are to include photos, videos and features. http://www.airbus.com/presscentre/pr.../future-event/ |
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#196 |
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BANNED
Join Date: Nov 2010
Location: Florence/Den Haag
Posts: 88
Likes (Received): 0
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Korean A380 rocks
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#197 |
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Registered User
Join Date: Jan 2005
Posts: 396
Likes (Received): 4
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Korean Air A380 Delivery Ceremony Highlight, Toulouse, May 24, 2011
Video link to the Ceremony Highlight. http://youtu.be/t798Xnr4cfk |
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#198 |
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Registered User
Join Date: Jan 2010
Posts: 21
Likes (Received): 0
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Any info on Asiana receiving another 747-400 BDSF (cargo) in late 2011 or early 2012 ? Thanks.
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#199 |
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=)
Join Date: Sep 2007
Posts: 2,482
Likes (Received): 6
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As part of the Pilot Threads Airports and Aviation Restructuring Plan, this thread will now be opened to other Korean carriers, including Korean Air and Asiana.
Last edited by deasine; July 23rd, 2011 at 10:17 AM. |
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#200 | |
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DrEameR
Join Date: Jun 2010
Posts: 14,762
Likes (Received): 311
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Quote:
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