Air Premia international routes
Scope
Date
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Tech, Media & Telecom
KT, Swift Navigation team up for ultra-precision location service
KT Corp., a major South Korean telecommunications company, has partnered with Swift Navigation Co., a San Francisco-based technology firm, to commer...
Jun 30, 2022 (Gmt+09:00)
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Airlines
Korean Air gears up to normalize international flights
Korean Air Lines Co., the country’s top carrier, is set to take measures to normalize international flights as nations worldwide are opening u...
Jun 29, 2022 (Gmt+09:00)
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Aerospace & Defense
Axiom Space invites Koreans to $500 million space hotel fundraising
Axiom Space Inc., which is developing the world’s first commercial space station, is seeking to raise $500 million from South Korean investors...
Jun 20, 2022 (Gmt+09:00)
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Airlines
Korea airlines’ race for Mongolian route intensifies
South Korean airlines’ competition for the Mongolian route, one of the most profitable, is heating up as low-cost carriers have joined the rac...
Jun 20, 2022 (Gmt+09:00)
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Aerospace & Defense
Hanwha invests $115 mn in urban air mobility firm Overair
South Korea’s Hanwha Systems Co. and Hanwha Aerospace Co. have invested a combined $115 million in Series B funding for Overair Inc., a Califo...
Jun 15, 2022 (Gmt+09:00)
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Hydrogen economy
SK Gas, Lotte Chemical to launch JV for hydrogen power generation
SK Gas Co., a South Korean major liquefied petroleum gas (LPG) provider, and Korean chemicals firm Lotte Chemical Corp. are slated to set up a joint...
Jun 02, 2022 (Gmt+09:00)
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Future mobility
Why Samsung didn't join race for S.Korea's air taxi project
Samsung, a name seen everywhere in South Korea from apartment complexes to home appliances, is missing on the list of bidders for the country’...
Jun 02, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Korean Air vows to get nod from all antitrust bodies for Asiana merger
Korean Air Lines Co., which is putting the final touches on its acquisition of crosstown rival Asiana Airlines Inc., said on Monday it expects to ob...
May 23, 2022 (Gmt+09:00)
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Travel & Leisure
Lotte Hotel Yangon: Pain for POSCO International, Hotel Lotte
South Korea’s POSCO International Corp. and Hotel Lotte Co. have been suffering from sluggish earnings of their five-star hotel in Yangon, Mya...
May 23, 2022 (Gmt+09:00)
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Webtoons
Naver Webtoon to form JV with Japan’s TBS for original IP
Naver Webtoon Corp., the digital comics and novel platform of South Korea’s online portal giant Naver Corp., has agreed to set up a joint vent...
May 16, 2022 (Gmt+09:00)
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Future mobility
S.Korea to launch $1.3 bn air taxi research project
The South Korean government will launch a 1.6 trillion won ($1.3 billion) project to set basic standards for urban air mobility (UAM), or air taxi, ...
May 13, 2022 (Gmt+09:00)
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Future mobility
LG’s telecommunication unit joins UAM race in Korea
LG Group’s telecommunication unit joined the race for South Korea’s urban air mobility (UAM) to secure a future growth engine in coopera...
May 11, 2022 (Gmt+09:00)
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Earnings
Korea’s major airlines continue to enjoy cargo boom
Korean Air Lines Co., the country’s top carrier, reported a record quarterly operating profit on the strong cargo business while its smaller d...
May 04, 2022 (Gmt+09:00)
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Corporate investment
LX International’s value soars on cryptocurrency, GAM mine in Indonesia
LX International Corp., the trading unit of South Korea’s LX Group, has seen its enterprise value rise by two-thirds over the past three month...
Apr 27, 2022 (Gmt+09:00)
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Future mobility
Hyundai opens world's first UAM takeoff, landing area in UK
South Korea's Hyundai Motor Group has opened the world's first urban air mobility (UAM) takeoff and landing area in central England.Supernal LLC, Hy...
Apr 27, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Korean Air-Asiana deal girds for tough US challenge
The merger between South Korea's two largest air carriers – Korean Air Lines Co. Asiana Airlines Inc. – may face a tough challenge in th...
Apr 22, 2022 (Gmt+09:00)
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Artificial intelligence
SK Telecom’s bet on air mobility, metaverse in full display at World IT Show
SK Telecom Co. is poised to show off its latest services at this year’s World IT Show slated for three days from April 20. At the large...
Apr 18, 2022 (Gmt+09:00)
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Future mobility
Hilton Seoul to transform into UAM landing area
South Korea's Hyundai Engineering & Construction Co. (Hyundai E&C) plans to build the country's first landing area for urban air mobility (U...
Apr 18, 2022 (Gmt+09:00)
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Airlines
Korean Air’s stock lags US peers' on slow demand recovery
Korean Air Lines Co.’s stock is underperforming those of its US rivals on concerns that South Korea’s top carrier is unlikely to immedia...
Apr 14, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Hahn & Co. buys Korean food startup in bolt-on deal
Seoul-based private equity firm Hahn & Co. has acquired a South Korean meal kit provider for 75 billion won ($61 million), a deal expected to bo...
Apr 12, 2022 (Gmt+09:00)
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Automobiles
Kumho Tire, labor union in tug of war over international plants
Kumho Tire Co., South Korea’s No. 2 tire maker, struggled to agree with its unionized workers on more overseas plants although the company des...
Apr 08, 2022 (Gmt+09:00)
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K-pop
JYP Entertainment stocks skyrocket 70% in three months
Shares of JYP Entertainment Inc. have been skyrocketing in recent months. The record label stocks jumped more than 70% from its lowest price point s...
Apr 08, 2022 (Gmt+09:00)
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Regulations
FTC pushes to monitor foreign conglomerate owners
South Korea’s Fair Trade Commission (FTC) is one step closer to including foreign nationals to its list of owner-cum-heads of conglomerates ...
Apr 07, 2022 (Gmt+09:00)
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Memo from Howard Marks
The pendulum in international affairs
As regular readers of my memos and books know, I’m strongly interested in – you might say obsessed with – the concept of the pen...
Mar 25, 2022 (Gmt+09:00)
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Airlines
Global airlines raise flights to pre-COVID levels on border reopening
Global airlines are increasing flights to pre-pandemic levels as countries worldwide are opening up their borders to support the tourism sector, ram...
Mar 14, 2022 (Gmt+09:00)
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War in Ukraine
Russia-Ukraine war disrupts Korean exports to Europe
Suspended land, air and sea routes to and from Russia are putting South Korean exporters – from Samsung Electronics Co. and Hyundai Motor Co. ...
Mar 07, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Korea approves Korean Air-Asiana merger; hurdles remain
The proposed merger of Korean Air Lines Co. and Asiana Airlines Inc. has moved one step closer to completion with approval by South Korea’s an...
Feb 22, 2022 (Gmt+09:00)
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Electric vehicles
Korea’s trading firms set sights on EV parts production for growth
South Korea’s general trading companies, which usually work as middlemen linking buyers with sellers, are seeking to transform into eco-friend...
Feb 22, 2022 (Gmt+09:00)
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Earnings
Asiana Airlines swings to profit in 2021 on cargo boom
South Korea's Asiana Airlines Inc. turned to the black in 2021, reporting its largest-ever operating profit since 2010, as global supply chain disru...
Feb 16, 2022 (Gmt+09:00)
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Airlines
Korean Air to deploy Boeing 737 Max aircraft from March
Korean Air Lines Co. will start flying Boeing 737-8 aircraft from March, nearly two years after the global grounding of the jet type by airlines in ...
Feb 15, 2022 (Gmt+09:00)