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Air Incheon to consider widebody freighter orders after Asiana cargo purchase

Channel News Asia LogoChannel News Asia2w ago

Air Incheon to consider widebody freighter orders after Asiana cargo purchase - Channel News Asia

Quick Summary:

SEOUL : Air Incheon, set to become South Korea's second-biggest freight carrier once a deal to buy Asiana Airlines' cargo unit is finalised, will consider both Boeing and Airbus freighters to refresh the widebody fleet, its CEO said.

The acquisition will include the rights to fly to major Chinese export hubs like Shanghai, Guangzhou and Hong Kong, and to the U.S., Air Incheon CEO Stanley Seunghwan Lee told Reuters in an interview this week.

Korean Air had obtained a green light from 13 of 14 competition authorities for the Asiana deal and CEO Walter Cho has said he anticipates the final U.S.decision by the end of October.


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-12 @ 09:23:08 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 446 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 21581642

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About Channel News Asia

Channel News Asia Logo

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 5 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 4 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

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