Korean Air Lines Co., Ltd.
21,300.00
KRW
+200.00
(+0.95%)
ISIN
KR7003491008
Return %
Stock
S&P 500
1Y
-7.39
14.39
3Y
-3.18
81.42
5Y
-46.75
68.62
Capital Structure
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in mil. unless spec.Growth Rates
KRW
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in mil. unless spec.Quarterly Revenue
KRW
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in mil. unless spec.Quarterly Earnings Per Share
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KRW
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in mil. unless spec.Company Description
- CEO
- Won-Tae Cho
- Full Time Employees
- 18,318
- Sector
- Transportation
- Industry
- Airlines
- Address
- 260, Haneul-gil Seoul SL South Korea 07505
- IPO Date
- Mar 18, 1966
- Website
- koreanair.com
- Similar Companies
- Business
- Korean Air Lines Co., Ltd. Korean Air Lines Co., Ltd. (003490.KS) operates as South Korea's flag carrier and largest airline, providing passenger and cargo transportation services; aircraft maintenance, repair, and overhaul (MRO); aerospace manufacturing; in-flight catering; hotel operations; in-flight sales; and limousine services. The company maintains a fleet of approximately 170 aircraft, including Airbus A380-800, A330-300, A321neo, A220-300, A350-900, Boeing 737 variants, 747-8I, 777-300ER, and 787-9 for passengers, alongside Boeing 747-8F, 777F, and upcoming A350F and 777-8F for cargo operations. It serves 126 cities across 44 countries internationally and 13 domestic destinations in South Korea from hubs at Incheon International Airport, Gimpo International Airport, Jeju International Airport, and Gimhae International Airport, as a founding member of the SkyTeam alliance and SkyTeam Cargo. Founded on March 1, 1969, and headquartered at 260 Haneul-gil, Gangseo-gu, Seoul, Republic of Korea, Korean Air Lines traces its origins to the Hanjin Group's acquisition of the government-owned Korean Air Lines. The company caters to leisure and business travelers, cargo shippers, and aerospace clients through its subsidiaries, including Korean Air Cargo, Jin Air low-cost carrier, and the Korean Air Aerospace Division, which produces aircraft parts, helicopters, and supports military programs. In December 2024, Korean Air Lines completed its acquisition of a 63.88% stake in Asiana Airlines Asiana Airlines, Inc., creating one of Asia's largest carriers by capacity after securing approvals from global regulators including the U.S. Department of Justice, European Commission, and South Korea's Fair Trade Commission; this integrates Asiana's operations, with full brand phase-out targeted for January 2027 and low-cost subsidiaries Air Busan and Air Seoul merging into Jin Air. In March 2025, the company unveiled a major rebranding—its first in 41 years—with a simplified "KOREAN" livery, monochromatic Taegeuk symbol, and new uniforms for 2027 rollout. Recent developments include plans announced in November 2025 for a $1.19 billion heavy MRO facility at Incheon Airport to establish Asia's premier maintenance hub; a record order in August 2025 for 103 Boeing aircraft, including 62 Boeing 737 MAX 10 and eight Boeing 777-8F freighters; and a 10% stake acquisition in WestJet WestJet Airlines Ltd. in 2025 to expand partnerships. Retirement of A380 and 747-8 fleets has been postponed into the 2030s amid delivery delays, while route concessions such as European paths to T'way Air T'way Air Co., Ltd. support post-merger competition remedies.