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Old December 29th, 2015, 05:51 PM   #341
hkskyline
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Asiana Air gets nod for 2nd budget carrier
30 December 2015
The Korea Herald Excerpt

After months of hurdles, Asiana Airlines, the nation’s second-largest flag carrier, has won the government’s permission to operate its second low-cost carrier, moving forward to expand its market presence.

The Ministry of Transport has issued a business license to Air Seoul, the second low-cost carrier launched by Asiana Airlines, the air carrier said Monday evening.

The government said the license was issued in line with a steady growth in air traffic with an annual average of 7.8 percent. Air Seoul’s business plans also met standards required for air carriers, the ministry said.

Asiana’s attempt to expand its market presence has also been facing fierce criticism by other carriers. South Korea has five low-cost carriers including Jin Air Co., operated by Asiana’s rival Korean Air, and independent carriers Jeju Air Co. and Eastar Airlines.

They have raised concerns saying that Air Seoul’s entry to the market could add too much competition to the already saturated market. The number of foreign low-cost carriers has also increased to 20 this year from five in 2009.
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Old January 27th, 2016, 05:06 PM   #342
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Korean Air, Asiana and Jin Air @ HKT











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Old July 12th, 2016, 05:33 PM   #343
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July 5, 2016
Air Seoul to start operation next week
Korea Times Excerpt

Asiana Airlines' new low-cost carrier (LCC) Air Seoul is set to start flights on July 11, as it has received final government approval for operation.

The Ministry of Land, Infrastructure and Transport (MOLIT) announced Tuesday that Air Seoul passed the government review to get an Air Operator Certificate (AOC).

Following a test flight last month, the LCC also successfully demonstrated ditching and emergency evacuation procedures last week, winning the certificate that is issued after around 1,300 items are inspected. This means the carrier can begin regular service.

Air Seoul will start with flights between Seoul and the country's southern resort island of Jeju on July 11. It is expected to make four flights daily.

After three months, it will start international flights to Japan, China Cambodia, Malaysia and Vietnam. After three more months, the ministry will carry out a comprehensive inspection of the carrier to see if it has upheld safety standards.

The budget carrier will be chartering three A321-200 airplanes from Asiana but it plans to officially introduce two more planes next year. Like other LCCs, it will have only economy class seating.
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Old August 22nd, 2017, 09:02 PM   #344
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Old October 14th, 2017, 02:32 PM   #345
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Old November 28th, 2017, 02:48 AM   #346
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Delta, Korean Air joint venture is approved by the U.S. DOT

Delta Air Lines and Korean Air took a significant step in the creation of their trans-Pacific joint venture with approval of the joint venture by the U.S. Department of Transportation.

The DOT approval reflects the consumer benefits that will be created by the new joint venture. The two carriers will deepen their relationship, offering customers in the U.S. and Asia an enhanced and expanded flight network as well as more compelling travel options. The airlines have also applied for approval for the joint venture from the Korean Ministry of Land, Infrastructure and Transport.

The joint venture will create a combined network serving more than 290 destinations in the Americas and more than 80 in Asia, providing customers of both airlines with more travel choices than ever before. The joint venture will provide both airlines with the expanded scale and scope to offer new alternatives to customers. The two airlines will also expand codeshare flights on trans-Pacific routes. Customers will benefit from enhanced frequent flyer benefits, providing customers of both airlines the ability to earn and redeem miles on Delta’s SkyMiles and Korean Air’s SKYPASS program. In addition, co-location at key airports including Incheon Terminal 2 which will provide customers with a seamless connection and baggage transit experience. Under the agreement, the airlines will share costs and revenues on flights within the scope of the joint venture as they work to expand service options for travelers.

In anticipation of the joint venture, Delta launched new nonstop service between Atlanta and Seoul earlier this year. This flight complements Korean Air’s existing service and provides customers in the U.S. with greater access to destinations across Asia. Korean Air operates to 10 gateways in the U.S. while Delta has three gateways from Seoul along with nonstop service to six other gateways in Asia. The new joint venture provides U.S. travelers with more options when flying to Asia.

Delta has a 25-year track record of partnering closely with airlines around the globe, beginning with the first successful trans-Atlantic partnership, when Northwest and KLM launched their joint venture in 1993. Today, Delta has seven partnerships with leading carriers in the biggest aviation markets in the world that are either joint ventures, equity investments, or both – spanning Europe, Latin America, Asia and Australia. Through these deep relationships and immunized joint ventures, Delta has successfully achieved many of the benefits of cross-border cooperation for our customers.

https://worldairlinenews.com/2017/11...y-the-u-s-dot/
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Old December 24th, 2017, 07:40 AM   #347
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BOMBARDIER DELIVERS KOREAN AIR’S FIRST CS300 AIRLINER


MIAMI — On Friday, Bombardier Commercial Aircraft celebrated the delivery of Korean Air’s first CS300 aircraft, the Asian launch carrier for the C Series aircraft family. Its entry-into-service is expected to take place in January 2018.

Executives from the Seoul-based carrier, the Canadian manufacturer and several hundred employees who build the C Series aircraft attended the ceremony at the C Series Production Facility at Mirabel, Quebec.

Fred Cromer, President, Bombardier Commercial Aircraft, established: “This is a very important milestone for the C Series program because it is our breakthrough into the fast-growing Asian market, and we are honored to have Korean Air Lines as our brand ambassador in the region.”

Likewise, Soo-Keun Lee, Chief Technology Officer, Korean Air Lines, stated: “When we selected the aircraft in 2011, we knew it would be a great addition to our fleet. Today, it is the most efficient aircraft in its class, and its passenger comfort is outstanding.”

“The CS300 aircraft will enable us to reinforce our regional single-aisle operations while providing a high level of profitability and customer satisfaction. These are key drivers of our decision to acquire the Bombardier CS300, and we are looking forward integrating it into our fleet,” he added.

The acquisition of Bombardier’s CS300 aircraft will allow Korean Air to designate its larger single-aisle jets and wide-body aircraft to routes requiring their potential. Later, the carrier may take advantage of the CS300 aircraft’s range and expand internationally.

Korean Air is expected to take delivery of their second CS300 before year-end, which seats a total of 127 passengers with dual-class configuration, Premium Economy, and Economy.

Korean is the third CS300 operator, after Air Baltic and Swiss. Thus far, fifteen CSeries have been delivered in total for 2017 – well short of the original goal of the 35 projected initially for the year.

The well documented production and operational problems with the Pratt & Whitney PW1500G geared turbofan have hindered the pace of CSeries deliveries, though the GTF’s aren’t the only culprit. In September, Bombardier revised the delivery target to 20-22 CSeries aircraft by the end of 2017. A week ago, Bombardier reduced the goal to 20 deliveries. Bombardier now has less than a week to deliver five more aircraft to meet the paired down 2017 goal.

Korean has ten CS300 on order with options for an additional ten airframes.

https://airwaysmag.com/airlines/bomb...s300-airliner/
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