The roots of Korean Air go all the way back to 1948 with a company called Korea National Airlines. This was a private company that eventually went bankrupt in 1962. Subsequent to yet another tricky initiation, the structure which Korean Air still uses today was formed in 1969. Towards the end of the 1960’s, after their third and very last start, they transformed into an inspiring company, as their size increased times one hundred and fifty. They announce their determination to duplicate their growth efforts in the years to come. As a business, the solitary element which has allowed them to continue on their rise is their keenness for ascertaining knowledge and being flexible. They have been able to make their knack obvious on many different occasions, in which they have been faced with opposition.
Earning its spot as one of the world’s top airlines, Korean Air earned this recognition in the late 2000’s. They have actually expanded their business to 150 times in size since 1969. This company has journeyed far with its 120 aircraft and nearly as many destinations around the world. A founding member, Korean Air is part of the aviation consortium Sky Team.
All over the world, they have partnerships with some of the largest airlines. Air France, KLM, and Southern Air are a few of the airlines they have partnerships with. This company, KAL, continues to set high standards every year. SkyTrax, in 2011, gave Korean Air an impressive four out of five star rating which many airlines would be honored to have. Asiana Airlines is the primary competitor in South Korea for airline business. In fact, Asiana is Korean Air’s top competitor being the second largest airline in that country. Good business will always stem from a competitive marketplace which is why this is a good situation for customers. However, when traveling throughout Asia, Korean Air offers the widest range of choices available.
Korean Airlines’ rates are certainly not very costly, in other words there isn’t the requirement to receive a cash advance loan online should you be looking to travel with this airline. Involved with the aerospace industry, Korean Air is also involved with research and manufacturing. A strong point for this company, they will continue to expand in this area. Their research division, Korean Air Aerospace Division, makes a variety of aircraft that are licensed. Two of their more well-known aircraft are UH-60 Black Hawk helicopters and the MD-500. With similar licensed and manufacturing projects, they also are involved with other military aircraft. Providing various transport needs for the military, Korean Air has branched out into other areas.
The decade beginning with the 2000s saw very many awards and activities with Korean Air. On account of their frequent flyer programs, they have carried on with taking pride in acquiring even more admiration. Of course their various flight classes have only improved over the years, as well. Pulling off these achievements was a really difficult undertaking for this business as they had to rise above some problems in the beginning stages. However they continued to improve their aviation management team which they feel is one area in which they were weak in the beginning. They recognize their management team in general, as well as their employees for their line of attack toward their enduring victories.