South Korean airlines bank on China routes for profit recovery

South Korean airlines bank on China routes for profit recovery

South Korean airlines are ramping up international routes, particularly to China, Japan and Southeast Asian countries, in a bid to boost profitabili...

Lockheed Martin, KAI to expand partnership to future defense, aerospace tech

Lockheed Martin, KAI to expand partnership to future defense, aerospace tech

Global defense giant Lockheed Martin Corp. and Korea Aerospace Industries Ltd. (KAI) on Tuesday agreed to expand their collaboration into futur...

CJ Foodville goes global from in-flight meals to Starbucks bread

CJ Foodville goes global from in-flight meals to Starbucks bread

CJ Foodville Co., a South Korean food company, is deepening its presence in Southeast Asia with premium bakery products, catering to airplane passen...

KAI seals $700 mn FA-50 fighter jet export deal with the Philippines

KAI seals $700 mn FA-50 fighter jet export deal with the Philippines

Korea Aerospace Industries Ltd. (KAI) on Tuesday signed a $700 million contract to supply 12 FA-50 fighter jets to the Philippines, marking the larg...

Hyundai Rotem lands $301 mn Taiwan driverless train deal

Hyundai Rotem lands $301 mn Taiwan driverless train deal

Hyundai Rotem Co. has won a 420 billion won ($301 million) order to build autonomous electric trains for Taiwan’s Taichung Metro, adding to a ...

Hanwha Aerospace, General Atomics to build unmanned aerial vehicles

Hanwha Aerospace, General Atomics to build unmanned aerial vehicles

Hanwha Aerospace Co., a leading South Korean defense company, has joined forces with US-based General Atomics Aeronautical Systems Inc. (GA-ASI) to ...

Hyundai Rotem inks $1.5 bn Morocco train supply deal

Hyundai Rotem inks $1.5 bn Morocco train supply deal

South Korea’s Hyundai Rotem Co. said on Wednesday it has won a 2.2 trillion won ($1.5 billion) train order from Morocco, the biggest single de...

Hyundai Motor, Nvidia team up for AI development for future mobility

Hyundai Motor, Nvidia team up for AI development for future mobility

South Korea’s top automaker Hyundai Motor Group said on Friday that it has teamed up with Nvidia Corp. to accelerate the development of advanc...

Doosan Enerbility, KAI to cooperate on aero engine localization

Doosan Enerbility, KAI to cooperate on aero engine localization

South Korea's Doosan Enerbility Co. and Korea Aerospace Industries Ltd. (KAI) said on Tuesday that the two companies signed a memorandum of understa...

Korea’s LCCs to counter headwinds with exclusive routes, lower fares

Korea’s LCCs to counter headwinds with exclusive routes, lower fares

South Korea’s budget airlines are gearing up to weather the sector’s downturn amid a weaker local currency and a sluggish domestic econo...

Korean Air resumes Incheon-Kumamoto flights after 27 years

Korean Air resumes Incheon-Kumamoto flights after 27 years

Korean Air Lines Co. said on Monday that it relaunched the Incheon–Kumamoto route on November 24, offering seven weekly services.The route, la...

Team Naver unveils digital twin platform in Saudi Arabia

Team Naver unveils digital twin platform in Saudi Arabia

Naver Cloud, the cloud subsidiary of South Korean online giant Naver Corp., said on Friday that Team Naver participated in the Cityscape Global 2024...

LG Electronics to conduct safety training using VR

LG Electronics to conduct safety training using VR

South Korea's home appliance giant LG Electronics Inc. announced on Wednesday that it has signed a memorandum of understanding (MOU) with the Nation...

LIG Nex1, UK’s Babcock sign MOU to develop global MRO market

LIG Nex1, UK’s Babcock sign MOU to develop global MRO market

LIG Nex1 Co., a leading defense systems developer in South Korea, announced on Wednesday that it had signed a comprehensive memorandum of understand...

North Korean Troops Train in Russia as Moscow Deepens War Coalition

North Korean Troops Train in Russia as Moscow Deepens War Coalition

North Korea has sent hundreds of special forces to eastern Russia for training in recent weeks, according to South Korea’s main intelligence a...

S.Korea’s KF-21, Lockheed's F-16 shortlisted for Philippine fighter jet deal

S.Korea’s KF-21, Lockheed's F-16 shortlisted for Philippine fighter jet deal

South Korea’s homegrown fighter jet KF-21 is competing against US defense firm Lockheed Martin Corp.’s F-16 for the Philippine governmen...

Zero-sum fears arise in S.Korean airlines’ game of chicken

Zero-sum fears arise in S.Korean airlines’ game of chicken

South Korea’s air carriers are fiercely vying for lucrative or untapped routes in a game of chicken to shore up their falling profit, raising ...

CJ Logistics transports KAI’s T-50TH to Thailand

CJ Logistics transports KAI’s T-50TH to Thailand

South Korea's CJ Logistics transported two T-50TH fighter jets, manufactured by Korea Aerospace Industries Ltd. (KAI), to Thailand, the company sa...

KAI, Hanwha Systems to collaborate on special operations helicopter

KAI, Hanwha Systems to collaborate on special operations helicopter

Korea Aerospace Industries Ltd. (KAI), South Korea’s sole military aircraft manufacturer, said on Thursday it signed an exclusive memorandum o...

Jin Air to expand SE Asia, Oceania routes

Jin Air to expand SE Asia, Oceania routes

South Korea's budget carrier Jin Air said on Friday that it will resume and expand its international flights for the upcoming winter season, focus...

KAI selected as PBL provider for Philippine FA-50

KAI selected as PBL provider for Philippine FA-50

Korea Aerospace Industries Ltd. (KAI), the country's sole military aircraft manufacturer, said on Friday that it was selected as the performance-bas...

CJ CheilJedang to provide dumplings for Qantas Airways’ in-flight meals

CJ CheilJedang to provide dumplings for Qantas Airways’ in-flight meals

CJ CheilJedang Corp. expands its K-food territory with Australia's largest airline.CJ CheilJedang announced on Tuesday that it will introduce Bibigo...

Mirae Asset Securities introduces AI assistant platform for its employees

Mirae Asset Securities introduces AI assistant platform for its employees

South Korea's Mirae Asset Securities said on Friday that it introduced an artificial intelligence (AI) assistant platform to enhance company-wide op...

Hyundai Mobis showcases 42 new techs utilizing AI, VR

Hyundai Mobis showcases 42 new techs utilizing AI, VR

South Korea's Hyundai Mobis Co. said on Thursday that it held the M-Sphere 2024 exhibition at its Uiwang Research Center in Gyeonggi Province from...

Air Incheon joins Boeing safety operation support program

Air Incheon joins Boeing safety operation support program

South Korea's cargo airline Air Incheon announced on Wednesday that it signed an agreement with American aircraft manufacturer Boeing Co. on Tuesd...

KAI, TAI ink deal to boost T-50TH support

KAI, TAI ink deal to boost T-50TH support

Korea Aerospace Industries Ltd. (KAI) signed a memorandum of understanding (MOU) with Thai Aviation Industries (TAI), Thailand's state-owned aircraf...

Jin Air to launch daily flights on Busan-Nagoya route

Jin Air to launch daily flights on Busan-Nagoya route

South Korea's low-cost carrier Jin Air announced on Friday that it will launch a new route between Busan and Nagoya, starting on Sept. 14, with dail...

KAI to supply firefighting helicopter to Gangwon Province

KAI to supply firefighting helicopter to Gangwon Province

Korea Aerospace Industries Ltd. (KAI) announced on Friday that it signed a 33 billion won ($24 million) contract with Gangwon Special Self-Governing...

Samsung, Ottogi unveil exclusive lifestyle TV goods

Samsung, Ottogi unveil exclusive lifestyle TV goods

Samsung Electronics Co. announced on Friday that it collaborated with the domestic food company Ottogi to release limited edition goods called Samsu...

TeamSparta acquires Weplanet

TeamSparta acquires Weplanet

South Korea's coding education startup TeamSparta Inc. said on Thursday that it acquired the domestic software development firm Weplanet to expand i...

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