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Published on 11:05 GMT

South Korea to safeguard competition after Korean Air, Asiana merger

A man walks next to the logo of Korean Air airlines during an organized media tour, at the company's Cabin Crew Training Center in Seoul, South Korea, June 27, 2024. REUTERS SEOUL (Reuters) — South Korea will support smaller airlines and monitor market …

Source: Marianas Variety - Neutral
Published on 10:43 GMT

Commercial-Level Air Taxis Arriving Soon In South Korea

(MENAFN- IANS) Seoul, Dec 13 (IANS) The transport Ministry said on Friday it will conduct a flight demonstration of a commercial-level air taxi model this week, as part of a government project to introduce the urban air mobility (UAM) industry in the …

Source: MENAFN - Uncategorized
Published on 07:03 GMT

Outdoor Vacation Market to rise up to the USD 3,326.4 billion by 2030 and to grow at a CAGR of 16.2%

By tour type, the heritage trip segment, accounting for 17.3% of the global outdoor vacation market share WILMINGTON, DE, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- The outdoor vacation market size is expected to reach $3,326.4 …

Distribution channels: Business & Economy, Travel & Tourism Industry ...
Published on 11:29 GMT

Sustainable Tourism Market is Booming Worldwide at a Significant Growth by 2032: CAGR of 14%

The global sustainable tourism market was valued at $3.3 trillion in 2022, is projected to reach $11.4 trillion by 2032, grow at a CAGR of 14% from 2023 to 2032 WILMINGTON, NEW CASTLE, DE, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- …

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Published on 12:43 GMT

Korean Air Begins Procedures to Integrate with Asiana Airlines

Photo : YONHAP News Korean Air, South Korea's flagship carrier, began procedures to integrate with Asiana Airlines following the approval of the business combination, including the dispatching of executives and removal of Asiana's previous logo …

Source: KBS World - Label Pending
Published on 10:37 GMT

Korean Air acquires majority stake in Asiana Airlines

SkyTeam member Korean Air has completed its acquisition of former rival and Star Alliance member Asiana Airlines, four years after announcing its decision in late 2020. On 12 December 2024, Korean Air acquired more than 131 million newly issued Asiana …

Source: Business Traveller - Neutral
Published on 12:51 GMT

Edinburgh Airport opens new BrewDog bar and Sainsbury's amid major revamp

A new bar has opened in Edinburgh Airport - just in time for the festive rush. BrewDog has unveiled its new bar close to gate 11, while Sainsbury’s has now opened the doors to its first ever airport store before security. This comes as the airport, now …

Source: Edinburgh Live - Neutral
Published on Dec 12, 2024

Mercure Ambassador Seoul Magok opens in South Korea

Accor-owned hotel brand Mercure has expanded its presence in South Korea with the opening of the Mercure Ambassador Seoul Magok in the city’s Gangseo District. This new establishment is set to cater to the needs of both leisure and business travellers, …

Source: Hotel Management Network - Label Pending
Published on Dec 11, 2024

Flying To Japan And South Korea Is About To Get A Lot Easier After US Airline Announces New Flights In May 2025

The major airlines around the US have expansion plans in place for 2025. Unlike Delta and American, who are scrapping red-eye flights to Europe, United is doing the opposite and bringing it back with a red-eye towards London. We can add Alaska Airlines and …

Source: The Travel - Neutral
Published on Dec 11, 2024

Korean Air finishes procedures to buy Asiana Airlines, South Korean media say

South Korean media say Korean Air has finished procedures to buy Asiana Airlines. The country's largest air carrier has been working to acquire Asiana -- the second largest -- since 2020, when the airline industry was hit hard by the coronavirus …

Source: NHK - Public Broadcaster
Published on Dec 12, 2024

Biden’s Unfinished Business: A Bridge to Shore Up a European Flank – in the Balkans

The outgoing Biden administration has finally overcome its reluctance to allow Ukraine to use U.S.-provided weapons systems to conduct deep strikes into Russia in its defense, as well as providing almost $1 billion more in lethal equipment – all to provide …

Source: Just Security - Left-wing
Published on Dec 12, 2024

Tourism Source Market is slated to increase at a CAGR of 6.6% to reach a valuation of US$ 1.1 Trillion by 2032

Based on booking channels, the mobile application segment had the major Tourism Source Market Share and is likely to remain dominant during the forecast period WILMINGTON, DE, UNITED STATES, December 12, 2024 /⁨EINPresswire.com⁩/ -- The Tourism …

Distribution channels: Business & Economy, Travel & Tourism Industry ...
Published on Dec 11, 2024

Busan Port set for ‘major’ overhaul as part of South Korea’s $10 billion maritime strategy

South Korea’s Ministry of Oceans and Fisheries (MOF) has unveiled a whopping 14 trillion KRW (circa $9.78 billion) investment plan to upgrade the Port of Busan by 2045 aiming to achieve the world’s largest container handling capacity and establish the port …

Source: Offshore Energy - Neutral
Published on Dec 12, 2024

Korean Air Completes Merger With Asiana Airlines

[ News ]December 12, 2024 9:02 am ET By Pete Ainsley After four years of proposing the acquisition, the U.S. has given a green light to the deal. This decision clears the way for the merger between Korean Air and Asiana Airlines. The flag carrier announced …

Source: Airline Geeks - Neutral
Published on Dec 12, 2024

Korean Air Completes Acquisition of Asiana Airlines

Korean Air has officially acquired a 63.88 percent stake in Asiana Airlines, completing a long-awaited merger that reshapes South Korea’s aviation industry. Announced in November 2020 and finalized on December 12, 2024, this landmark deal creates one of …

Source: Business Traveler - Neutral
Published on Dec 12, 2024

Aircraft and carriers. Korean Air acquires 63.88% stake in Asiana Airlines

Korean Air (KA) has completed its acquisition of Asiana Airlines (AA), four years after announcing its decision on November 16, 2020. On December 12, Korean Air acquired 131,578,947 newly issued shares of Asiana Airlines, representing a 63.88% ownership …

Source: AvioNews - Label Pending
Published on Dec 12, 2024

Mercure Ambassador Seoul Magok Opens in Seoul’s Vibrant Gangseo District

Mercure, the renowned locally inspired brand from Accor, unveils its newest address in South Korea with the opening of Mercure Ambassador Seoul Magok, the largest hotel in Seoul's vibrant Gangseo District. Located in Magok, an emerging hub of …

Source: Hospitality Net - Label Pending
Published on Dec 12, 2024

Korean Air finalises acquisition of Asiana Airlines, creating a regional aviation giant

Korean Air has completed its long-awaited acquisition of Asiana Airlines, solidifying its position as one of Asia's largest carriers. The 1.8 trillion won (£1.1 billion) deal, which has been in progress for four years, is the longest airline merger in …

Source: AviTrader Aviation News - Label Pending
Published on Dec 12, 2024

Korean Air Completes Acquisition of 63.88% Stake in Asiana Airlines

Korean Air has successfully completed the acquisition of a 63.88% stake in Asiana Airlines, marking a significant milestone in the consolidation of South Korea's airline industry. The announcement was made on Dec. 12, nearly four years after Korean Air …

Source: Business Korea - Neutral

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Published on December 12, 2024 - 20:25 GMT

TAP Air Portugal Recognized as Best Airline in Europe for 14th Consecutive Year by Readers of Global Traveler

Portugal’s National Carrier was Again Honored at the 21st Annual GT Tested Reader Survey Awards NEW YORK, NY, UNITED STATES, December 12, 2024 /⁨EINPresswire.com⁩/ -- TAP Air Portugal, Portugal’s national carrier which started service in 1945, has …

Distribution channels: Aviation & Aerospace Industry, Companies ...
Published on December 12, 2024 - 23:22 GMT

Southwest Airlines Co. Announcement: Southwest Airlines Co. Investors Are Encouraged to Contact The Rosen Law Firm About ...

NEW YORK, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Rosen Law Firm, a global investor rights law firm, announces it is investigating potential breaches of fiduciary duties by the directors and officers of Southwest Airlines Co. (NYSE: LUV) in connection with …

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Published on December 12, 2024 - 09:57 GMT

National Airlines expands its wide-body passenger fleet with the recent addition of two A330-200 aircraft

National Airlines expands its wide-body passenger fleet with the recent addition of two A330-200 aircraft DUBAI, DUBAI, UNITED ARAB EMIRATES, December 12, 2024 /⁨EINPresswire.com⁩/ -- U.S.-based National Airlines announces the expansion of its …

Distribution channels: Aviation & Aerospace Industry, Business & Economy ...
Published on December 12, 2024 - 12:54 GMT

Global Crossing Airlines Announces Asia Pacific Joint Venture with ATB Aviation Australia

MIAMI, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Global Crossing Airlines Group, Inc. (Cboe CA: JET, Cboe CA: JET.B, OTCQB: JETMF) (the “Company” or “GlobalX”), the Nation's fastest growing charter airline, today announced that it has entered into a joint …

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Published on December 11, 2024 - 09:23 GMT

Low Cost Airlines Market Growing at 5.7% CAGR to Hit USD 543.1 Billion by 2034 | Growth, Company Profiles

WILMINGTON, DE, UNITED STATES, December 11, 2024 /⁨EINPresswire.com⁩/ -- Allied Market Research published a report, titled, "Low Cost Airlines Market by Purpose (Leisure Travel and Visiting Friends & Relatives (VFR), Business Travel), and …

Distribution channels: Aviation & Aerospace Industry, Business & Economy ...
Published on December 11, 2024 - 12:30 GMT

Global Crossing Airlines Announces Director Resignation

MIAMI, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Global Crossing Airlines Group, Inc. (Cboe CA: JET, Cboe CA: JET.B, OTCQB: JETMF) (the “Company” or “GlobalX”), the Nation's fastest growing charter airline, today announced that Mr. Paul Martins has tendered …

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Published on December 10, 2024 - 14:00 GMT

Amerijet International Airlines 50th Anniversary

Miami, FL, Dec. 10, 2024 (GLOBE NEWSWIRE) -- Amerijet International Airlines proudly marks its 50th anniversary in December 2024. Founded in 1974 by David Bassett, the company began with humble beginnings, operating as a Part 135 air-taxi operator with a …

Distribution channels: Media, Advertising & PR ...
Published on December 7, 2024 - 22:39 GMT

Caribbean Airlines Brings the Region Closer with New Service to Guadeloupe

Piarco, Dec. 07, 2024 (GLOBE NEWSWIRE) -- Caribbean Airlines announces the start of its new service to the French island of Guadeloupe, marking a significant milestone in the airline’s commitment to enhancing regional connectivity. This new route, …

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Published on December 13, 2024 - 13:00 GMT

gategroup Adds Flavor Fusion to the Festive Season

During the holidays, gategroup prepares special meals for their customers that reflect the traditions of the season around the world ZURICH, SWITZERLAND, December 13, 2024 /⁨EINPresswire.com⁩/ -- The chefs at gategroup, the world leaders in …

Distribution channels: Aviation & Aerospace Industry, Building & Construction Industry ...
Published on December 13, 2024 - 13:00 GMT

Michael Puopolo Joins Capitol Meridian Partners as Managing Director

WASHINGTON, DC, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- --Former Blackstone Principal brings a decade of global private equity experience and prior relationship with CMP principals --CMP also names Gillian Dollard as Vice …

Distribution channels: Aviation & Aerospace Industry, Banking, Finance & Investment Industry ...
Published on December 13, 2024 - 12:30 GMT

Unlimited Purchasing Enhances Inventory Offerings to Bolster Aircraft AOG Support, Targeting Key Product Families

ASAP Semiconductor aims to address customer AOG and maintenance needs by increasing Unlimited Purchasing's selection of engine, turbine, and fastener parts. ANAHEIM, CA, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- ASAP …

Distribution channels: Aviation & Aerospace Industry, Electronics Industry ...
Published on December 13, 2024 - 09:15 GMT

ASKA appoints Advisory Board members with director-level experience and strategic expertise in global automotive sector

Advisors will help identify and act on new opportunities in the automotive sector, expand ASKA’s leadership role in multimodal (drive and fly) development MOUNTAIN VIEW, CA, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- ASKA, developer …

Distribution channels: Automotive Industry, Aviation & Aerospace Industry ...
Published on December 13, 2024 - 08:18 GMT

Silicone Coatings Market Navigating Growth Opportunities and Forecasted Outlook from 2024-2032

Heat resistance makes silicone coatings essential in automotive, aerospace, and industrial manufacturing sectors. WILMINGTON, DE, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- Allied Market Research recently unveiled its report, “ …

Distribution channels: Aviation & Aerospace Industry, Building & Construction Industry ...
Published on December 13, 2024 - 07:52 GMT

Wytrwal Industries Presents at the Family Office Super Summit

Founder and CEO provides an overview of Anti-Fragile Investments during Uncertain Times KEY BISCAYNE, FL, UNITED STATES, December 12, 2024 /⁨EINPresswire.com⁩/ -- Wytrwal Industries Holding Company, LLC (“Wytrwal”), a leading international …

Distribution channels: Aviation & Aerospace Industry, Banking, Finance & Investment Industry ...
Published on December 13, 2024 - 07:03 GMT

3D Printing Metal Market Have High Growth But May Foresee Even Higher Value

The rising penetration of bio-based materials and advancements in technology are accelerating market growth. WILMINGTON, DE, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- The global 3D printing metal market is poised for remarkable …

Distribution channels: Automotive Industry, Aviation & Aerospace Industry ...
Published on December 13, 2024 - 00:00 GMT

Travelplanbooker Expands Accommodation Options with Ratehawk Integration

Travelplanbooker now integrates with four major hotel wholesalers, offering travelers a wider selection and real-time price comparisons for the best deals. LONDON, UNITED KINGDOM, December 13, 2024 /⁨EINPresswire.com⁩/ -- Travelplanbooker, the …

Distribution channels: Aviation & Aerospace Industry, Culture, Society & Lifestyle ...
Published on December 13, 2024 - 11:00 GMT

Bombardier Announces Changes to its Board of Directors

MONTRÉAL, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Bombardier is pleased to announce the appointment of Ms. Bettina Fetzer to its Board of Directors, effective January 1, 2025. Bettina Fetzer is Vice President Digital & Communications at Mercedes‐Benz AG. She …

Distribution channels: Aviation & Aerospace Industry, Companies ...
Published on December 13, 2024 - 11:00 GMT

Bombardier annonce des changements à son conseil d’administration

MONTRÉAL, 13 déc. 2024 (GLOBE NEWSWIRE) -- Bombardier est heureuse d’annoncer la nomination de madame Bettina Fetzer à son conseil d’administration, laquelle prendra effet le 1er janvier 2025. Bettina Fetzer est vice-présidente des affaires numériques et …

Distribution channels: Aviation & Aerospace Industry, Companies ...
Published on December 12, 2024 - 22:13 GMT

GMR Airports unveils AI powered Digital Twin to transform passenger experience and enhance airport operations

New platform to power the next-generation Airport Predictive Operation Centre (APOC) at Hyderabad Airport HYDERABAD, INDIA, December 12, 2024 /⁨EINPresswire.com⁩/ -- GMR Airports today launched an AI-powered digital twin platform at Rajiv Gandhi …

Distribution channels: Aviation & Aerospace Industry, Business & Economy ...
Published on December 12, 2024 - 20:27 GMT

All Points Celebrates New Collaboration with Florida Institute of Technology

All Points is excited to announce a dynamic new collaboration with nationally-ranked Florida Institute of Technology. MERRITT ISLAND, FL, UNITED STATES, December 12, 2024 /⁨EINPresswire.com⁩/ -- CONTACT INFORMATION: All Points Logistics, LLC …

Distribution channels: Aviation & Aerospace Industry, Business & Economy ...
Published on December 12, 2024 - 20:25 GMT

TAP Air Portugal Recognized as Best Airline in Europe for 14th Consecutive Year by Readers of Global Traveler

Portugal’s National Carrier was Again Honored at the 21st Annual GT Tested Reader Survey Awards NEW YORK, NY, UNITED STATES, December 12, 2024 /⁨EINPresswire.com⁩/ -- TAP Air Portugal, Portugal’s national carrier which started service in 1945, has …

Distribution channels: Aviation & Aerospace Industry, Companies ...
Published on December 12, 2024 - 18:15 GMT

WePower Technologies to Launch Gemns™ Energy Harvesting Generator Product Line at CES 2025

Leader in Sustainable Energy Solutions is Revolutionizing Battery-Free Power for IoT Devices SAGAPONACK, NY, UNITED STATES, December 12, 2024 /⁨EINPresswire.com⁩/ -- WePower Technologies, a leader in sustainable energy solutions, is set to …

Distribution channels: Automotive Industry, Aviation & Aerospace Industry ...
Published on December 12, 2024 - 18:09 GMT

Omaha Computing Solutions Announces New Small Business IT Infrastructure Initiatives

Clients transform their business with Omaha's affordable IT solutions, enhancing productivity and security. OMAHA, NE, UNITED STATES, December 12, 2024 /⁨EINPresswire.com⁩/ -- As part of their new small business IT infrastructure initiatives, …

Distribution channels: Agriculture, Farming & Forestry Industry, Amusement, Gaming & Casino ...
Published on December 12, 2024 - 18:03 GMT

The 0.1% Group Using Bitcoin for Private Jet Charter Payments

FARNHAM, ENGLAND, UNITED KINGDOM, December 12, 2024 /⁨EINPresswire.com⁩/ -- In an era where technological advancements are transforming industries, The 0.1% Group integrates Bitcoin (BTC) payments into private aviation services. This development …

Distribution channels: Aviation & Aerospace Industry, Business & Economy ...
Published on December 12, 2024 - 17:50 GMT

PureForge, AtomicForged Brakes Go Racing

Longest-lasting brakes on the circuit PONTIAC, MI, UNITED STATES, December 12, 2024 /⁨EINPresswire.com⁩/ -- Pure Forge brakes recently tested at the M1 Concourse American Festival of Speed (AFS), and their AtomicForged Brakes matched or exceeded …

Distribution channels: Automotive Industry, Aviation & Aerospace Industry ...
Published on December 12, 2024 - 17:41 GMT

TravelingWiki: AMZN UK, Ghana-KNUST, Omaha-Monroe Meyer, MSU & Princeton Presenting at NeurIPS AI/ML Autism Workshop

Researchers from London (AMZN), Ghana-KNUST, Omaha (Monroe Meyer), Michigan State & Princeton Presenting at TravelingWiki's NeurIPS AI/ML Neurodiversity Summit VANCOUVER, BRITISH COLUMBIA, CANADA, December 12, 2024 /⁨EINPresswire.com⁩/ …

Distribution channels: Aviation & Aerospace Industry, Business & Economy ...
Published on December 12, 2024 - 17:40 GMT

Epoch Concepts Selected as Preferred Supplier for Omitron’s Multimillion-Dollar Space Systems Command Contract

Epoch Concepts to provide IT solutions for Modernization Activities for Space Command and Control Technologies (MASCCOT) contract LITTLETON, CO, UNITED STATES, December 12, 2024 /⁨EINPresswire.com⁩/ -- Epoch Concepts Selected as Preferred Supplier …

Distribution channels: Aviation & Aerospace Industry, IT Industry ...
Published on December 12, 2024 - 16:53 GMT

Space Propulsion System Market to Expand at a CAGR of 14.3% will Reach US$ 32.8 billion by the End of 2031

By type, the non-chemical propulsion segment is expected to register significant growth during the forecast period. WILMINGTON, DE, UNITED STATES, December 12, 2024 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market …

Distribution channels: Aviation & Aerospace Industry, Business & Economy ...