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Korean air carriers’ coronavirus losses to reach W5tr by JuneTransportMar 8, 2020South Korea’s aviation industry is likely to see losses from the coronavirus outbreak snowball to at least 5 trillion won ($4.2 billion) by June, according to industry sources on Sunday. With more i... -
Korean Air to check all passengers’ temperatures before boardingTransportMar 5, 2020Korean Air said Thursday that it had begun checks on all passengers’ temperatures on international routes to check for the COVID-19, as part of the company’s preventive measures. The air carrier sai... -
Hyundai unveils images of next-generation G80TransportMar 5, 2020“The parabolic line stretched from the front quad lamps to the car’s rear reminds one of a classic car, but it has athletic power lines thanks to a 20-inch wheel and wraparound fender,” Hyundai Motor... -
Airlines fly smaller, fewer planes amid coronavirus crisisTransportMar 4, 2020Following a sharp drop in the number of passengers and route suspensions due to spread of COVID-19, South Korean air carriers are flying smaller planes while parking their unused aircrafts within the... -
Hyundai Motor chief encourages employees amid coronavirus crisisTransportMar 3, 2020Hyundai Motor Group Executive Vice Chairman Chung Euisun sent a letter to employees Tuesday highlighting the group’s all-out efforts to secure safety and minimize business risk under its contingency ... -
Korea sends protest letter to Vietnam over plane forced to turn backTransportMar 3, 2020South Korea’s Land, Infrastructure and Transport Minister Kim Hyun-mi contacted her Vietnamese counterpart to express regret over a recent incident where a Korean air carrier was denied permission to... -
Korea halts flights to Italy for first time in 29 yearsTransportMar 3, 2020Amid the continued spike in COVID-19 cases in South Korea and Italy, Korean air carriers said Tuesday that they would temporarily halt service to Italian cities. According to the full-service carrie... -
Airlines to send more empty carriers to bring Koreans homeTransportMar 2, 2020South Korean full-service carriers Korean Air and Asiana Airlines are reviewing sending additional ferry flights -- empty planes sent just to pick up passengers -- to Vietnam and Turkey, countries th... -
Hyundai Motor’s Ulsan plant halts due to confirmed COVID-19 caseTransportFeb 28, 2020Hyundai Motor Group stopped operations of its Ulsan manufacturing plant’s second factory Friday after an employee who works there was confirmed with COVID-19. According to the automaker, the factory... -
Heads of Korean budget carriers ask for govt supportTransportFeb 28, 2020Amid the falling number of passengers and suspension of routes due to the coronavirus outbreak, chief executive officers of Korean budget carriers on Friday released a joint statement asking for the ... -
Hanjin Group to sell hotel assets for financial healthIndustryFeb 27, 2020Hanjin KAL, the holding company of airline-to-logistics conglomerate Hanjin Group, said Thursday it was looking to sell its non-core hotel assets to improve its financial health and shareholder value... -
Hyundai Motor Group donates W5b to help fight coronavirusTransportFeb 26, 2020Hyundai Motor Group has donated 5 billion won ($4.1 million) to Hope Bridge Association of the National Disaster Relief to support medical personnel and offer relief goods amid the quickly escalating... -
Hyundai Motor chief quits executive role at steel affiliateTransportFeb 26, 2020Hyundai Motor Group Executive Vice Chairman Chung Euisun has resigned as an inside executive director of the group’s steel affiliate, Hyundai Steel, the company said Wednesday. Chung aims to focus o... -
Bidding for duty-free operation at Incheon Airport kicks offIndustryFeb 26, 2020Incheon International Airport Corp. began taking bids for existing airport duty-free operations on Wednesday, accepting proposals from 10 a.m. to 4 p.m., industry sources said Wednesday. Eight duty-... -
Faced with shortage, Korea limits mask exportsIndustryFeb 25, 2020The South Korean government has decided to restrict the export of face masks until April 30, amid concerns that supplies are running short as COVID-19 spreads nationwide. Manufacturers will be allow...
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