Korean Airlines Business Grows
Monday, May 16, 2011
Korean Air Lines is growing strong and buying more aircraft. The largest airline in the country, Korean Air's income increased 49 percent to 282 billion won (equivalent to USD $264 million) in the first three months of this year. Sales were up nearly eight percent, and earnings from affiliates jumped more than nine-fold, an airline spokesperson said.
To meet this growth, Korean Air has purchased seven new aircraft -- two Boeing jumbo jet 777-300ER and five Airbus 330-200s. The list prices on these aircraft are nearly USD $1.6 billion.
Korean Air will take delivery of its first Airbus A380 super jumbo jet this month -- and expects to take delivery of five more A380s this year.
The airline also said it expects its freight business to grow. These are significant developments for pilots. When Korean Air adds more aircraft to its fleet, they will need more pilots. Depending on the size of the aircraft, on average, each new passenger jet will require the hiring of 10 pilots. Will one of them be you? If you are considering flight training and want to learn more about it, contact www.pea.com
. Phoenix East Aviation has been training pilot candidates for airlines worldwide since 1972. You can be one of the next new commercial pilots.
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