Korean Air has been announced the winner of one of the most prestigious honors in the aviation industry: Air Transport World’s (ATW) 2021 Airline of the Year.
Launched in 1974, ATW’s annual Airline Industry Achievement Awards are compared to the Academy Awards of the airline industry. This year’s awards ceremony will be held in Boston, U.S., on October 5, 2021.
Korean Air is one of few airlines, if not the only one, in the world recording operating profits for four consecutive quarters from the second quarter of 2020 to the first quarter of 2021. The airline made the strategic decision to focus on the cargo business and maximize cargo operations through measures such as converting passenger jets into freighters.
Meanwhile, Korean Air took the bold step to acquire Asiana Airlines, the biggest deal in the global aviation industry during the pandemic.
Korean Air plans to continue to strengthen its position in the global aviation industry, and aims to become one of the world’s top 10 airlines after successfully acquiring and integrating Asiana Airlines.
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