|
Korean Air
is to begin the operation of its newest freighter route between Incheon and Beijing in late September this year, increasing the number of its
freighter routes to China to four. Korean Air and Air China reached a commercial agreement on August 8 in Beijing to open the
regular freighter operation between the two cities.
With the opening of the freighter route to the capital city of China, Korean Air
expects to strengthen its position in the ever-growing Chinese market. Korean
Air currently operates freighter flights on the routes of
Incheon~Shanghai, Incheon-HongKong, and Incheon ~Tianjin.
"China is a very important market for us and Korean Air has placed a top
priority on the China market which has one of the best growth potentials.",
said Y. H. Cho, Chairman and CEO of Korean Air. "We will continue to make
great efforts to strengthen our market presence there and we plan to establish
China as one of our most important logistics bases overseas.", he added.
Despite the impact of SARS, airfreight
market in China has shown constant average annual growth of 20 percent during the recent years and the country's domestic air transportation also has
been increasing 27% every year, which makes the country one of the world's
greatest growing markets.
Korean Air's cargo operation spans the world carrying freight to 31
destinations in 20 countries on seven continents. Korean Air has a fleet of 119
aircraft including 20 freighters. |
