Korean Air Lines Co Ltd - Company Profile
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Korean Air Lines Co Ltd (Korean Air) is a provider of passenger and cargo air transportation services. It provides in-air catering, in-flight entertainment, hotel operations, in-flight sales, car rental and limousine services. The company carries out the designing, manufacturing and maintenance of manned aerial vehicles and aircraft. The company’s fleet of aircraft includes Airbus A380-800, Airbus 330-200/300, Airbus 220-300, Airbus A321neo, Boeing 747-400, Boeing 747-8i, Boeing 747-8F, Boeing 777-200 ER/300 ER/300, Boeing 777F, Boeing 787-9, and Boeing 737-800/900ER/900. It connects various destinations in both domestic and international markets. The company is a member of the SkyTeam airline alliance. Korean Air is headquartered in Seoul, South Korea.
Headquarters
South Korea
Address
260, Haneul-Gil, Gangseo-Gu, Seoul, 07505
Website
www.koreanair.com
Telephone
82 2 26567114
No of Employees
19,063
Industry
Transport and Logistics
Ticker Symbol & Exchange
003490 (KRX)
Revenue (2022)
$12.3B
14.3%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-38.6%
(2022 vs 2021)
Market Cap*
$5.6B
Net Profit Margin (2022)
XYZ
-46.3%
(2022 vs 2021)
* As of and is in US$
Korean Air Lines Co Ltd premium industry data and analytics
Products and Services
| Services |
|---|
| Passenger Air Transportation |
| Duty-Free Services |
| Cargo Air Transportation |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In April, the company partnered with Airbus to purchase 33 aircraft from the A350 Family, comprising 27 A350-1000s and six A350-900s. |
| 2024 | Plans/Strategy | In March, the company announced its plans to acquire a 63.88% stake in Asiana Airlines. |
| 2024 | Contracts/Agreements | In March, the company signed a contract with Airbus to purchase 33 state-of-the-art A350 family aircraft. |
Competitor Comparison
| Key Parameters | Korean Air Lines Co Ltd | Air China Ltd | China Eastern Airlines Corp Ltd | Singapore Airlines Ltd | Cathay Pacific Airways Ltd |
|---|---|---|---|---|---|
| Headquarters | South Korea | China | China | Singapore | Hong Kong |
| City | Seoul | Beijing | Shanghai | Singapore | Hong Kong |
| State/Province | - | Beijing | Shanghai | - | - |
| No. of Employees | 19,063 | 101,393 | 81,781 | 22,819 | 23,800 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Cho Won-Tae | Chairman; Chief Executive Officer | Executive Board | 2021 | - |
| Woo Kee-Hong | President; Director | Executive Board | 2020 | - |
| Yoo Jong-seok | Director; Chief Safety and Operating Officer | Executive Board | 2023 | - |
| Lee Jae-Min | Director | Non Executive Board | 2021 | - |
| Jang Yong-Sung | Director | Non Executive Board | 2021 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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