Korean Air wins Air Transport World Cargo Operator of the Year Award Korean Air wins Air Transport WorldCargo Operator of the Year Award(Seoul, April 1, 2022) - Korean Air has been announced the winner of one of the most prestigious honors in the aviation industry: Air Transport World’s (ATW) 2022 Cargo Operator of the Year.After being recognized as ATW’s 2021 Airline of the Year, Korean Air has once again proved its position as one of the world’s most successful airlines during the pandemic by receiving another ATW award for the second consecutive year.Launched in 1974, ATW’s annual Airline Industry Achievement Awards are known as the most coveted honor an airline can receive, comparable to the Academy Awards of the airline industry. This year’s 48th awards ceremony will be held in Doha, Qatar on June 21.When making its decision for the Cargo Operator of the Year, ATW’s global judging panel of editors and analysts cited, “the strong financial performance, its continued innovation and agility, its wider initiatives in humane disaster relief, and in animal/wildlife conservation.” The judges also noted that “the airline’s investment and application of technology & digitalization is particularly impressive and it sets the bar for the air cargo industry.”“We are honored to be a winner of ATW’s renowned awards for the second consecutive year, especially in these difficult times'' said Eum, Jae Dong, Senior Vice President and Head of Cargo Business Division at Korean Air. “This achievement was made possible by the efforts of not only our cargo teams, but by the concerted efforts of our company in its entirety. Korean Air remains committed to deliver excellence in service to our customers as a global leading airline.”ATW Editor-in-Chief Karen Walker said, “To see Korean Air named the 2022 Cargo Operator of the Year after winning the ATW 2021 Airline of the Year really speaks to the consistently outstanding, all-round performance of Korean Air. The industry’s huge pivot to air cargo and importance to the global economy made this a very competitive category this year and we sincerely congratulate the Korean Air leadership and entire Team,”Korean Air Cargo, with its 50 years of history, is one of the world’s top five air freight operators, and is a seasoned expert in every sector of the business. During the course of the pandemic, it placed additional focus on transporting perishables and pharmaceutical products requiring a cold chain, and has committed to the urgent and timely transportation of vaccines, diagnostic kits and personal protection equipment.Korean Air’s recognition may be attributed to the airline’s swift, reliable and customized services to its customers through efficient operations of its large freighters and continued technological investments. The airline has been at the forefront of addressing the global cargo capacity shortages. For example, Korean Air was a pioneer in converting passenger aircraft to freighters, and is currently operating an average of 1,000 cargo-only passenger flights per month. The airline has also expanded its network, including Columbus and Chicago, U.S. In other innovations, it has employed cutting-edge IT solutions to better serve its customers and help management make wise business choices.Korean Air plans to strengthen its position as a global airfreight airline and continue to provide customers with high-quality air cargo services based on its core principles of speed, safety and accuracy. 2022-04-01Report Korean Air Korean Air to participate in hydrogen fuel infrastructure development Korean Air to participate in hydrogen fuel infrastructure development (Seoul, February 10, 2022) - In preparing for the future of carbon-neutral aviation, Korean Air has embarked on a project to pioneer the Korean hydrogen fuel infrastructure. On February 9th, Korean Air signed a Memorandum of Understanding (MOU) with Incheon International Airport Corporation (IIAC), Airbus, and Air Liquide to cooperate on supplying aviation hydrogen fuel and developing relevant infrastructure. The event, which took place at IIAC’s Headquarters in Incheon, was attended by Soo Keun Lee (Executive Vice President and Chief Safety & Operation Officer, Korean Air), Hyoung-Wook Jeon (Vice President of Infrastructure Division, IIAC), Fabrice Espinosa (President, Airbus Korea), and Guillaume Cottet (President and Representative Director, Air Liquide Korea). The MOU is aligned with Airbus’ aim to develop the world’s first zero-emission hydrogen-powered commercial aircraft by 2035, and confirms Korean Air as an active participant in welcoming this alternative energy paradigm shift. The MOU paves way for the stakeholders to actively cooperate in various fields, from developing hydrogen infrastructure at airports, establishing a roadmap for introducing hydrogen, to ground handling logistics. Korean Air will focus its expertise on overall operational activities, including ground handling planning, maintenance and flight operations, and IIAC on research and development of airport facilities. Airbus and Air Liquide will analyze domestic demand for hydrogen-powered aircraft, and establish a roadmap for the introduction of hydrogen fuel, respectively. “This MOU will be a starting point for the Korean domestic aviation industry to systemize a hydrogen supply chain system and infrastructure development, where the introduction of hydrogen as an alternative fuel has been slow in relative comparison to other industries,” said Mr. Soo Keun Lee. At the 2021 International Air Transport Association (IATA) Annual General Meeting (AGM) in Boston, member airlines have approved a resolution for the global air transport industry to achieve net-zero carbon emissions by 2050. Korean Air, as an industry leader, is poised to apply various carbon reduction measures in its operations. Last year, Korean Air signed an MOU with Hyundai Oilbank to manufacture and promote the application of sustainable aviation fuel (SAF) and also partnered with SK Energy to purchase carbon-neutral jet fuel to be used on the Korean domestic network. In addition, the airline’s introduction of Airbus A220-300 to its fleet will reduce carbon emission per seat by 25% compared to existing models of similar capacity, demonstrating its commitment to environmental awareness. As a pioneer in the global aviation industry, Korean Air plans to proactively respond to climate change. The airline is committed to various means of carbon emissions reduction to achieve carbon neutrality, and also to the successful development of the Korean domestic hydrogen energy sector. 2022-02-10Report Korean Air Korean Air CEO: “2022 will be a crucial year to become a global top-10 carrier” Korean Air CEO: “2022 will be a crucial year to become a global top-10 carrier” Walter Cho, Chairman and CEO of Korean Air, conveyed his appreciation to the entire Korean Air team for their efforts during the COVID-19 crisis in his New Year’s address. Cho also said that 2022 will be a crucial year as the airline both prepares for the post-pandemic era and completes its acquisition of Asiana Airlines. (Seoul, January 3, 2022) - “It was during this most difficult time that we have achieved so much. These remarkable achievements would not have been possible without you. You are the backbone of Korean Air’s past and future successes,” shared Walter Cho, Chairman and CEO of Korean Air, in his New Year’s message, which was posted on the company’s internal site for employees on January 3. Regarding preparation for post-COVID, Cho said, “The disruption brought by the pandemic has created a paradigm shift. And while there will be challenges ahead of us, I’m confident that we’ll step up and overcome them as we always have.” Cho emphasized that despite new variants continuing to affect the industry, “traveler confidence will come back, revitalizing travel demand that has been dormant for too long.” He also mentioned, “Our customers prioritize safety more than ever,” and asked employees to continue to deliver impeccable safety and service excellence. Cho also highlighted the principles and the significance of the ongoing Korean-Asiana merger. “Upon completion of the acquisition, Korean Air will emerge as a top-10 global airline of which you, our customers and our country can be proud. This merger and acquisition is not simply the combination of two airlines; it’s a combination of two cultures that will be stronger together. It will reform the Korean aviation industry, and allow us to write a new history.” “It will take some time for our two companies to be fully integrated, but let’s prepare ourselves to welcome our new family with open arms when we become one. Our cultures will adapt and grow together,” added Cho. Finally, Cho said, “I’m confident our new company will be the global leader we seek to become.” 2022-01-03Report Korean Air Korean Air launches full-scale electronic document system Korean Air launches full-scale electronic document system (Seoul, December 28, 2021) - Korean Air has launched a full-scale digitalization of travel documents by introducing an e-Document system (e-DOC), becoming the first airline in the world to implement such an electronic document system. Customers will be able to fill out 23 types of documents, including pet transportation declaration, unaccompanied minor and health condition declaration forms, on their digital devices. In addition, information gathered upon reservation, such as email address, contact information and frequent flyer number, will automatically be reflected on the documents, further facilitating the document fill-out process. Data shared by customers will be safely managed in a secure server. Information stored in the server will be accessible in real time through dedicated terminals at domestic and overseas branches. Rapid information processing will significantly reduce customer wait time, and security of personal information will be strengthened as documents are automatically stored and deleted in a managed server. “The introduction of the e-DOC system is the result of Korean Air’s efforts to enhance customer-centered services as a leading global airline,” said Seungbum Lee, Korean Air’s Chief Customer Service Officer & Executive Vice President. “We plan to actively engage in ESG management and further improve customer convenience by providing innovative solutions.” Meanwhile, Korean Air continues its efforts to enhance customer service. The airline was not only named Air Transport World’s 2021 Airline of the Year, but also received a SkyTrax 5-star COVID-19 safety rating and a 5-star global airline rating by the Airline Passenger Experience Association (APEX). In December 2020, the carrier also became the first airline in Korea to receive consumer-centered management (CCM) certification by the Korean Fair Trade Commission. As a leading global airline, Korean Air will continue to upgrade its services to enhance customer satisfaction and convenience. 2021-12-28Report Korean Air Vietnam approves Korean Air’s business combination with Asiana Vietnam approves Korean Air’s business combination with Asiana(Seoul, November 16, 2021) - Korean Air recently received approval from Vietnam for its business combination with Asiana.Vietnam’s Ministry of Industry and Trade stated that the business combination was acceptable according to Vietnam’s Competition Act, and asked the airline to continue to abide by the country’s competition regulations in the future.Korean Air has received clearance from competition authorities of Turkey, Taiwan, Vietnam and Malaysia since it submitted its business combination reports in January this year. The Philippine Competition Commission also announced that the submission of a business combination report was not necessary.Korean Air is currently awaiting business combination approvals from the remaining regulatory bodies such as the competition commissions of Korea, the United States, the European Union, China and Japan. The airline is actively cooperating with the respective commissions in order to finalize the acquisition process as early as possible. 2021-11-16Report Korean Air Korean Air partners with Boeing’s Insitu for UAV development Korean Air partners with Boeing’s Insitu for UAV development (Seoul, October 22, 2021) - Korean Air signed a Memorandum of Understanding (MOU) with Insitu, a subsidiary of Boeing, regarding technical cooperation to develop a lightweight and modularized tactical vertical take-off and landing (VTOL) unmanned aerial vehicle (UAV) on October 21. Established in 1994, Insitu develops and manufactures unmanned aircraft systems, and has developed Scan Eagle, an UAV operated by the U.S. Department of Defense. Jung-woo Park, head of Korean Air’s Aerospace Business Division, and Michael Janser, executive of Business Development for Asia at Insitu, participated in the MOU Ceremony that took place at the 2021 Seoul International Aerospace and Defense Exhibition (ADEX) at Seoul Airport in Seongnam. The airline expects a synergy effect by combining the core technologies of both companies: Korean Air's expertise in UAV development and production, and Insitu's state-of-the-art UAV technologies including high-performance mission equipment, system optimization and manned-unmanned teaming (MUM-T) operations. With world-class technology and expertise in the UAV industry, Korean Air is a front-runner in the Korean UAV market. The airline possesses a wide range of UAVs including division-level UAVs, 5-ton high-performing strategic UAVs, tiltrotor UAVs, next-generation stealth UAVs, multipurpose unmanned helicopters and hybrid drones. The company’s UAV, KUS-FT, has recently been recognized as one of the “2021 Top 15 Industrial Technology Achievements,” by The National Academy of Engineering of Korea (NAEK). Korean Air is also developing an advanced “lift & cruise” UAV, the KUS-VS. “Lift & cruise” technology takes advantage of independent thrusters for cruise and for lift, which enable vertical take-off and landing (VTOL) and high cruising speeds. With its extensive insight and knowledge accumulated from years of technological development and innovation, Korean Air will contribute to building a UAV ecosystem through developing a traffic control management system for UAVs. The airline will also use its knowledge and proficiency in both air traffic management and the transportation service industry to expedite advancements in the future of the urban air mobility (UAM) industry. Through technical cooperation with aerospace enterprises like Insitu, Korean Air will continue to actively expand business opportunities in both domestic and global markets. 2021-10-22Report Korean Air Korean Air partners with SK Energy to adopt carbon-neutral jet fuel Korean Air partners with SK Energy to adopt carbon-neutral jet fuel(Seoul, September 6) - Korean Air has partnered with SK Energy, a major petroleum and refinery company in Korea, to introduce carbon-neutral jet fuel to actively counter climate change. Through the partnership, the airline will purchase a month’s worth of carbon-neutral jet fuel for domestic flights departing from Jeju and Cheongju.Carbon-neutral jet fuel can be achieved by measuring the total amount of greenhouse gas emissions produced through fuel production, transport and consumption, and purchasing carbon credits to offset the carbon footprint.Greenhouse gases generated from aircraft operations account for 2 to 3 percent of total global emissions. In line with the global aviation industry’s efforts for sustainable growth, Korean Air is seeking various methods to reduce carbon emissions to achieve carbon-neutral growth and fight climate change.Korean Air is actively participating in the International Civil Aviation Organization (ICAO)’s Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), and introducing eco-friendly and high-efficient aircraft. The airline’s recently introduced A220-300 is equipped with the latest engine, which reduces carbon emissions per seat by 25% compared to existing models of similar capacity.In 2017, Korean Air became the first Korean airline to use sustainable aviation fuel (SAF); SAF was trialed on a flight departing from Chicago to Incheon. In June this year, the airline also partnered with Hyundai Oil Bank to develop a foundation for biofuel manufacturing and its usage.In 2019, Korean Air replaced single-use plastics such as straws, coffee stirrers and cups with eco-friendly paper products, and has also conducted tree planting activities in Mongolia and China’s Kubuqi Desert.Korean Air has been working to improve its environmental, social and governance (ESG) management, and established an ESG committee, which reviews its management strategies focusing on ESG. The airline also issued ESG bonds in July to raise funds to purchase eco-friendly Boeing 787-10 aircraft.Korean Air will continue its efforts to enhance ESG management and reduce carbon emissions to help tackle climate change. 2021-09-06Report Korean Air Korean Air to pioneer UAM with Incheon International Airport Corporation and Korea Aerospace Researc... Korean Air to pioneer UAM with Incheon International Airport Corporation and Korea Aerospace Research Institute(Seoul, August 5) - Korean Air signed an Urban Air Mobility (UAM) R&D cooperation agreement with the Incheon International Airport Corporation (IIAC) and the Korea Aerospace Research Institute (KARI) on August 5 to establish a safe and efficient UAM transportation management system.The three organizations will conduct joint R&D to establish a UAM operations and transportation management system and develop the UAM industry.Through the cooperation, Korean Air plans to utilize the technical capabilities of each organization to achieve meaningful results.With its extensive experience operating commercial aircraft and expertise in unmanned aircraft development, Korean Air aims to develop the domestic UAM industry through synergy with the IIAC, which has air navigational aids and airport construction and operation capabilities, and KARI with its research competencies regarding future air traffic management.As the next solution to solve traffic congestion and environmental problems by utilizing city skyways, UAM’s global market worth is expected to reach about USD 1.5 trillion by 2040. Accordingly, the Korean government formed UAM Team Korea in June 2020 in a proactive effort to commercialize UAM in Korea by 2025. The government is leading public and private sector cooperation while it pushes for the early stabilization of Korean urban air transportation.Korean Air plans to create a foundation for UAM in Korea by increasing its technical cooperation with government agencies and research institutes while actively establishing infrastructure and operating control systems to open up the city skyways. 2021-08-05Report Korean Air Korean Air operates 10,000 cargo-only passenger flights Korean Air operates 10,000 cargo-only passenger flights(Seoul, August 2, 2021) - Korean Air has operated 10,000 cargo-only passenger flights as of August 1. The airline launched its first cargo-only passenger flight on the Incheon-Ho Chi Minh route in March 2020, and has operated these flights on 65 routes to North America, Europe, Southeast Asia, China and Japan, transporting 400,000 tons worldwide. Approximately 40 tons are transported per round trip (20 tons one-way).After most flights were suspended following the COVID-19 outbreak, Korean Air began operating cargo-only passenger aircraft. Beginning with 38 of these flights in March last year, the airline currently operates more than 800 cargo-only flights a month.Through close cooperation with the Ministry of Land, Infrastructure and Transport and aircraft manufacturers, Korean Air has increased its cargo capacity by utilizing overhead bin space, using “cargo seat bags,” a safety device that can load cargo on passenger seats, and removing seats to enable cargo floor loading.Korean Air is also actively responding to emergency pandemic related demands, and the cargo-only flights are mainly transporting pandemic relief goods such as COVID-19 diagnostic kits, protective clothing and masks. More than 100 cargo-only aircraft were deployed to India, where COVID-19 cases were soaring, to transport pandemic relief supplies, and a charter flight was operated to deliver COVID-19 diagnostic kits to Baltimore-Washington International Airport, U.S, in April 2020. Korean Air is currently transporting pandemic related supplies to Indonesia, Singapore, Germany and Canada.In the process of transporting pandemic relief products, Korean Air recorded its longest-distance flight - cargo flight KE8047, which flew 13,405 km for a duration of 14 hours and 42 minutes from Incheon Airport to Miami Airport (U.S.) on June 12, 2021. To meet urgent demand, the airline continues to increase its capacity even if it means flying on new routes.Cargo-only flights have also been contributing to resolving recent logistics challenges faced by many companies struggling due to shipping supply shortages. Korean Air has increased its cargo capacity to support urgent export and import logistics by maximizing its flight operations through using available passenger aircraft. While the airline’s cargo volume transported using passenger aircraft sharply dropped to 16,000 tons per month right after the COVID-19 outbreak, from 2021, this number has recovered to more than 40,000 tons per month, close to pre-pandemic levels.Meanwhile, Korean Air is actively supporting logistics for small- and medium-sized consignors. Last year, the airline operated charter flights for small- and medium-sized companies exporting goods to Indonesia and Japan in cooperation with the Ministry of Trade, Industry and Energy and Korea International Trade Association. The carrier has also secured space for small- and medium-sized companies on regular cargo flights bound for Los Angeles, U.S this year.“We expect cargo-only passenger flights to play a more vital role in the second half of the year, when the volume of import and export cargo typically increases,” said a Korean Air representative. “As a Korean flag carrier, Korean Air will continue its efforts to create a stable logistics environment for imports and exports by actively securing cargo capacity.” 2021-08-02Report Korean Air Korean Air begins research on air launch development using large commercial aircraft Korean Air begins research on air launch developmentusing large commercial aircraft (Seoul, July 20, 2021) - Korean Air has recently commenced a joint research project with Seoul National University, which was commissioned by the Republic of Korea Air Force, to develop the feasibility of using large commercial aircraft for air launching.As part of the joint research, Korean Air will analyze the Boeing 747-400’s current technology capability, major technology to be applied, annual operating costs, and necessary aircraft modification for air launching. The airline will further explore ways to commercialize the modified aircraft in the market.Until now, it was not possible to develop projectiles that launch in the air due to the Korea-U.S. “guidelines” that restricted the range of Korea’s ballistic-missiles. However, with the termination of these regulations in May 2021, the development and operation of an air launch system is now possible.This research is especially meaningful as air launching capabilities will help Korea to overcome its geographical limitations. Currently, satellites can only be launched southward from Naro Space Center, Korea’s spaceport located in the southwest province. However, air launch vehicles can be launched in various directions and routes. Air launch vehicles are launched at altitudes of 12 km, making them less affected by weather conditions, which are a common drawback of ground launches.In addition, air launching cuts the cost of building and maintaining a site to launch vehicles. There is also the possibility to generate revenues by providing services to other countries that do not have their own launch site. For this reason, some countries have already been utilizing commercial aircraft for air launches. LauncherOne, an orbital launch vehicle developed by Virgin Orbit in the U.S, was successfully launched using a modified Boeing 747-400 in January and June 2021.While the military, government and companies scramble to announce plans to utilize small satellite constellations in the “new space age,” an environment to launch small satellites in Korea has not been established yet. Therefore, it is inevitable to use overseas projectiles, which take more than two years on average from the signing of the contract to the actual launch. This is the reason why the development of air launching capabilities must be prioritized."To attract the fast-growing, worldwide demand for small satellite launches, it is essential to develop capabilities for air launching, which is not affected by weather or geographical conditions,” said Korean Air. “We will use our extensive experience operating aircraft and expertise in the aerospace business, which includes aircraft system integration and assembling Korea’s first space launch vehicle, Naro, to develop an air launch system that is competitive in the global market.” 2021-07-20Report Korean Air
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