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Korean Air Cargo ranked World's Number One

Travel News Asia 4 July 2005

Korean Air's cargo operation has been ranked the world's largest commercial airline cargo operation by the International Air Transport Association (IATA).

This is the first time the airline has achieved the world's number one position in terms of international scheduled freight tonne-kilometres.

"This achievement is the result of our aggressive strategy to constantly enter new markets, build up our infrastructure and create strategic partnerships to meet our customer's growing needs," said Yang Ho Cho, Chairman and CEO of Korean Air.

During 2004, Korean Air recorded 8.164 billion FTK (Freight Tonne-Kilometres) ahead of the long-time number one carrier since 1986, Lufthansa Cargo. Korean Air has been ranked among the top three freight carriers since 1993, and has consistently placed among the top five commercial airline cargo carriers in FTKs since 1991.

Three other Asian airlines filled out the top five cargo carriers. Singapore Airlines ranked third, Cathay Pacific ranked fourth, and China Airlines ranked fifth.

Korean Air's cargo operation spans the world carrying cargo to 39 destinations in 25 countries worldwide. The airline has a fleet of 113 aircraft including 18 freighters.

See other recent news regarding: Korean Air, Cargo, IATA

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