Seoul, May 3 (IANS) Almost 900 Air Force pilots have left the armed forces for better-paying jobs with civilian airlines over the past decade, data showed on Sunday.According to a report submitted by the Air Force to People Power Party Rep. Kang Dae-sik, a member of the parliamentary subcommittee on national defense, 896 “skilled” Air Force pilots opted for voluntary discharge from 2017 to March 2026.The Air Force defines skilled pilots as those with between eight and 17 years of experience and …
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Seoul, March 25 (IANS) A South Korean national detained in the Philippines was temporarily repatriated to South Korea on Wednesday to face an investigation into alleged cross-border drug trafficking, Cheong Wa Dae said.The convicted criminal, Park Wang-yeol, has been serving a 60-year prison sentence in the Philippines since 2022 for killing three South Koreans in 2016. The 48-year-old is also suspected of smuggling drugs into South Korea through accomplices via social media platforms and is kno…
Seoul, March 10 (IANS) South Korean stocks started sharply higher on Tuesday, a day after a sharp decline, as US President Donald Trump hinted the US-Iran war “is very complete.”The benchmark Korea Composite Stock Price Index (KOSPI) rose 271.34 points, or 5.17 perc ent, to 5,523.21 at the opening bell.Overnight, the Dow Jones Industrial Average gained 0.5 per cent, the tech-heavy Nasdaq Composite advanced 1.38 per cent, and the S&P 500 increased 0.83 per cent. The KOPSI fell 5.96 per cent o…
Seoul, Dec 29 (IANS) Personal information of employees at Korean Air, South Korea’s largest flag carrier, has been leaked after a partner firm supplying in-flight meals and onboard sales services was hit by a cyberattack, according to industry sources on Monday.According to the sources, Korean Air issued an internal notice earlier in the day informing employees that KC&D, the airline’s catering and onboard sales supplier, had recently suffered a cyberattack by a hacker group, reports Yonhap …
Seoul, Dec 22 (IANS) The antitrust regulator said on Monday it has instructed the country’s flag carrier Korean Air to revise its mileage integration plan as part of its merger with Asiana Airlines.Korean Air has been notified to submit a more detailed plan within one month, including measures for the use of bonus seats and seat upgrade services, according to the Fair Trade Commission (FTC), reports Yonhap news agency.Under the plan approved in September, Asiana customers will be able to use the…