The Korea Herald

Korean Air to change articles of association for Asiana takeover

Jan 5, 2021

Korean Air Lines Co., South Korea's biggest carrier, said Tuesday it will change its articles of association to help finance its planned acquisition of smaller rival Asiana Airlines Inc. Korean Air ...
Carmakers' Dec. sales dip 5% amid pandemic

Jan 4, 2021

South Korean carmakers' sales fell 5 percent last month from a year earlier as the COVID-19 pandemic continued to weigh on demand, industry data showed Monday. The five carmakers in South Korea -- H...
Asiana Airlines appoints new CEO in executive reshuffle

Dec 31, 2020

Asiana Airlines named Jung Sung-kwon as the new CEO in a major executive reshuffle on Thursday. Jung, who previously served as the head of the airline’s China operations, will replace current CEO Ha...
Seoul extends reduction of airport usage fees for virus-hit airlines

Dec 30, 2020

South Korea will extend the reduction of airport usage fees for virus-hit airlines by six months to help them stay afloat amid the prolonged COVID-19 pandemic, the transport ministry said Wednesday. ...
EV defect claims multiply 46 times in 4 years

Dec 28, 2020

As environmentally-friendly vehicles grow in popularity, consumer claims of defects in their electric vehicles have multiplied in recent years, latest data shows. According to the Ministry of Land, ...
Hyundai, Kia sell 300,000 eco-friendly cars overseas

Dec 27, 2020

Hyundai Motor and Kia Motors, the country’s two largest automakers, witnessed their overseas sales of environment-friendly vehicles surpass the 300,000-unit mark for the first time this year, industr...
Han Sung Motor celebrates graduation of Dream Gream students

Dec 23, 2020

For Han Sung Motor, Korea‘s official Mercedes-Benz dealer, year-end celebrations aren’t complete without a graduation ceremony for recipients of its art scholarship program. This year, the event hono...
[Behind the Wheel] Genesis G70 lives up to expectations

Dec 23, 2020

The Genesis’ second SUV offers fine driving performance and good designs
SsangYong Motor files for court receivership

Dec 21, 2020

Cash-strapped SsangYong Motor on Monday filed for court receivership, after failing to pay back about 165 billion won ($149.5 million) worth of debts to its creditor banks. In a statement, the autom...
T'way Air to lease three Airbus A330-300 jets

Dec 21, 2020

T’way Air has signed a letter of intent to lease three Airbus A330-300 jets late next year to introduce new medium and long-haul flights, the South Korean low-cost carrier said Monday. The move come...
T'way Air to adopt 3 A330-300 jets next year

Dec 21, 2020

T'way Air, a South Korean low-cost carrier, said Monday it will adopt three A330-300s next year in preemptive efforts to meet the post-coronavirus travel demand. T'way Air has recently signed a lett...
Hyundai Motor Group unveils AI-based Korean-English translation app

Dec 18, 2020

Hyundai Motor Group said Friday it has developed a Korean-English translation app to support smooth communication among its employees in local and overseas offices. Dubbed the H-Translator, the app ...
Korean Air CEO receives honor from French government for building ties

Dec 18, 2020

Korean Air CEO Cho Won-tae has been awarded with a gold medal of honor medal by the French government for his contributions to enhancing relations between Korea and France. During a ceremony in Seou...
Hyundai Motor seeks to up stake in Turkey plant

Dec 18, 2020

Hyundai Motor Co. said Friday it seeks to raise its stake in its plant in Turkey by acquiring a 27 percent stake held by Kibar Holding in preparation for the post-coronavirus recovery. Early this mo...
Air Busan cabin crew to wear goggles on domestic flights

Dec 17, 2020

Low-cost carrier Air Busan will make goggles mandatory for all cabin crew from Thursday, including those on domestic flights, as South Korea struggles to rein in coronavirus outbreaks. Before, only ...