News Snippets

Korean Air eyes new routes in response to second trade war in Asia

Korean Air has reduced flights to Japan and expanded cargo services to Southeast Asia and South America in the wake of a second trade war front opening up over the summer.

With demand impacted by both the US-China dispute and an emerging trade spat between South Korea and Japan, the carrier said it had reduced or suspended a string of passenger flights to Japan from September, while launching twice-weekly freighter services to Manila and Bangkok.

Korean Air’s first-half cargo volumes have dropped, with freight-tonne km falling 10.7 per cent year on year, and revenue down 9.6 per cent to KRW1.27tr (US$1.18bn). The drop in demand at the start of the year led the carrier to suspend cargo operations at three domestic hubs.

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