Asiana agrees sale of air cargo business, paving the way to merger with KAL
South Korea’s second-largest airline, Asiana Airlines, today said agreed to sell its cargo business and ...
In his new year message yesterday, Korean Air Lines chairman and CEO Walter Cho Won-tae said he believed the air cargo market had normalised after Covid, but predicted reduced earnings in 2024.
He said 2024 would be “a profound turning point” and that “innovation will sprout in the aviation industry”.
But he added: “Although the great crisis has passed, the road ahead of us is not smooth.”
He said: “Geopolitical risks, due to conflicts around ...
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