June 24, 2009 |
Slammed by the worst travel slump in decades, the world's largest airlines have been grounding flights, slashing cabin services and pulling out first-class seats. But a South Korean airline -- now one of the busiest foreign carriers at Los Angeles International Airport -- is bucking the industrywide retrenchment by spending money in ways that are raising local eyebrows and puzzling industry observers. In April, Korean Air Lines Co.
February 7, 2013 |
The long-awaited design of a $1-billion hotel and office skyscraper to be built in downtown Los Angeles -- soon to be tallest building in the West -- was unveiled Thursday by developer Korean Airlines. At 73 stories, the tower at Wilshire Boulevard and Figueroa Street will be a dramatic addition to the city skyline and a symbol of South Korea's growing status as a global economic powerhouse. The Wilshire Grand will slightly surpass in height the 72-story U.S. Bank Tower on Bunker Hill that has held the title of tallest west of Chicago since 1989.
April 17, 1999 |
In an abrupt reversal, Delta Air Lines Inc. on Friday suspended its flying partnership with Korean Air Lines, a day after another crash involving the Asian carrier. Two days earlier, Delta had said it stood by the "code-share" arrangement despite the dissemination of an internal Korean Air report raising safety concerns at the carrier. "Delta would not code-share with any carrier it did not believe to be safe," Delta spokesman Clay McConnell said Wednesday.
July 8, 1999 |
Responding to growing international concern about its poor safety record, the airline unveiled a $200-million program of "aggressive reforms" to "regain the confidence of the world's traveling community and our alliance partners." The carrier's announcement followed the latest of several published reports, this one in the Wall Street Journal, chronicling a spate of Korean Air accidents in the last two years that often involved pilot error.
November 25, 1989 |
A Korean Air passenger plane aborted takeoff from Kimpo Airport and crashed in flames today, injuring 47 of the 51 people on board, police said. No deaths were reported, but police said several of the injured were in serious condition at area hospitals with burns and broken bones. Police investigators inspected the scene to determine why the 80-seat, Fokker F-28 jet failed to clear the runway and crashed into a field.
February 18, 2002 |
After being buffeted by severe safety lapses, the global economic slump and the Sept. 11 crisis, Korean Air believes it's finally heading into blue skies again. South Korea's flagship carrier is predicting a major rebound this year, aided by a management shake-up, an overhaul of Korean Air's safety practices and operating structure, a stout rebound in South Korea's economy, the upcoming World Cup soccer championship in South Korea and Japan, and burgeoning travel by the Chinese. Unlike many U.S.