Korean Air News Stories

Korean Air Completes Czech Airlines Investment

April 10, 2013

Korean Air has taken a 44 percent stake in CSA Czech Airlines, providing a lifeline for the loss making state-owned carrier and giving the Korean group a bigger presence in Europe.
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Czech Airlines Stake Sale To Korean Air Approved

March 13, 2013

The Czech cabinet approved the sale of a 44 percent stake in loss-making CSA Czech Airlines to Korean Air on Wednesday, two sources with knowledge of the deal said.
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Czech Airlines Stake To Be Sold To Korean

March 6, 2013

The Czech government plans to sell a minority stake in CSA Czech Airlines to Korean Air, the only party interested in the loss-making airline, finance minister Miroslav Kalousek said on Wednesday.
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Korean Air Sole Bidder For Czech Airlines Stake - Report

March 4, 2013

Korean Air is the sole bidder for a minority stake in loss-making Czech state carrier CSA Czech Airlines, Czech news site reported on Monday.
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Korea Aerospace Sale Thwarted After KAL Pulls Out

December 17, 2012

The sale of an estimated USD$1.1 billion stake in Korea Aerospace Industries (KAI), the country's sole aircraft maker, was put in doubt after Korean Air pulled out of negotiations.
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Korean Air, Qatar Interested In Czech Airlines

December 5, 2012

Korean Air and Qatar Airways have expressed interest in the sell-off of CSA Czech Airlines, two sources familiar with the sale process said on Wednesday.
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Korean Air Resumes Flights To Saudi Arabia

November 12, 2012

Korean Air has reopened a direct air route to Saudi Arabia for the first time in 15 years, reflecting growing economic ties between the two nations.
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Korean Air Submits Bid For KAI Stake

August 16, 2012

Korean Air Lines said it has submitted a bid for a stake in Korea Aerospace Industries (KAI), in a deal estimated by the market to be worth around KRW1.2 trillion won (USD$1.06 billion).
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Korean Pleads Guilty To Price-Fixing In Canada

July 19, 2012

South Korean flag carrier Korean Air has pleaded guilty to involvement in an air cargo price-fixing cartel on certain routes from Canada between April 2002 and February 2006, Canada's competition watchdog said on Thursday.
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Korean Air Orders 2 Boeing 777-300ERs

July 19, 2012

Korean Air Lines said on Thursday it has agreed to buy two Boeing 777-300ER aircraft with a list price of USD$558.4 million.
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Korean Air Jet Diverted In Canada After Threat

April 11, 2012

A Korean Air passenger jet made an emergency landing at a Canadian military airbase after a threat phone call was received in the United States late on Tuesday, the airline said.
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