Tags: Korea

Boeing to Advance Aerospace Innovation through Korean Industry Partnerships

Boeing expands R&D collaboration in Korea, including tech development on advanced production systems, urban air mobility, aerospace semiconductors Agreement signed with the Korea Evaluation Institute of Industrial Technology and the Korea Institute for Advancement of Technology Boeing has signed a new partnering agreement with Korean industry to expand joint research and development activities and further […]

Korean Air moves forward with Asiana integration

Korean Air has finalised a post-merger integration plan with Asiana Airlines after receiving confirmation from the Korea Development Bank. In November, Korean Air signed a deal to acquire Asiana’s new shares and perpetual convertible bonds. After the contract, Korean Air thoroughly conducted due diligence and created the post-merger integration plan, which it submitted to the […]

Bombardier to receive British funds for CSeries exports to Korean

Britain will, for the first time, provide financial support for exports of Bombardier’s CSeries passenger jets to a major Asian airline, weeks after the Canadian plane maker won a trade dispute against its U.S. rival Boeing. The decision, experts say, signifies a power shift in the aerospace industry and is a fresh blow to Boeing […]