Tourism Indochina: Korean Air Set to Purchase Two Additional A380s

Tourism Indochina: Korean Air Set to Purchase Two Additional A380s

Korean Air Lines Co., Ltd. (KRX: 003490), operating as Korean Air, is both the flag carrier and the largest airline of South Korea, with global headquarters located in Seoul, South Korea. Korean Air's international passenger division and related subsidiary cargo division together serve 130 cities in 45 countries, while its domestic division serves 20 destinations. It is among the top 20 airlines in the world in terms of passengers carried and is also the top-ranked international cargo airline. Incheon International Airport serves as Korean Air's international hub. Korean Air also maintains a satellite headquarters campus at Incheon.

Korean Air's main global headquarters campus, the Korean Air Operations Center (대한항공 빌딩[1]), is located in Gonghang-dong, Gangseo-gu in Seoul. Korean Air also maintains a domestic office campus at Gimpo International Airport in Seoul. Korean Air's lesser domestic hubs are based at Jeju International Airport, Jeju and Gimhae International Airport, Busan. The maintenance facilities are located in Gimhae International Airport.

Skytrax rates Korean Air as a four-star (out of five) airline. As of Spring 2011, Korean Air offers the broadest selections of Asian routes departing from North America. Its main rival is Asiana Airlines, the second largest South Korean carrier. Korean Air is a founding partner airline of SkyTeam, the world's second largest airline alliance.

Korean Air was founded by the South Korean government in 1962 as Korean Air Lines to replace Korean National Airlines,which was founded in 1946. On 1 March 1969 the Hanjin Transport Group took control of the fledgling airline. Long-haul freight operations were introduced on 26 April 1971 followed by passenger services to Los Angeles International Airport(LAX) on 19 April 1972.

International flights to Hong Kong, Taiwan, and Los Angeles were flown with Boeing 707s until the introduction of Boeing 747 in 1973. In 1973, KAL introduced Boeing 747s on their Pacific routes and started a European service to Paris using the 707 and DC-10. In 1975 KAL became one of Airbus's first Asian customers with the purchase of three A300s, which were put into immediate service on Asian routes.

Korean Air has announced plans to purchase two additional A380 superjumbo jets from Airbus, at a cost of approximately USD$514 million in list price terms.

The two new aircraft orders will be delivered in May and June, 2014. Airbus is set to deliver the eight previously ordered A380s to Korean Air between 2010 and 2013.


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