In response to competition in the global aviation market, Korean Air has announced some network realignment.
Commencing December 2016, Korean Air will introduce direct flights to New Delhi, the capital and commercial center of India.
New Delhi is a commercial focus for many Korean and global companies including; Samsung Electronics, LG Electronics, Hyundai Motor, Doosan Heavy Industry, GS Engineering & Construction, Posco, IBM, GE, HP, Google and Yahoo. In addition to corporate travel, New Delhi is currently in high demand as a tourism destination, with many cultural attractions including the Gandhi Memorial Museum and India Gate.
Korean Air is also considering operating a route to Iran in the future. Following the lifting of economic sanctions, Iran is emerging as a world magnet for investment and an important global hub.
In March 2016, Korean Air was granted permission to operate four flights weekly between Incheon and Teheran. Korean Air will decide the timing of the launch of its route to Teheran following the completion of a market conditions and financial trade environment study.
Korean Air will also reduce the frequency or suspend selected routes which are showing deficits.
From the last week of September, and after the Rio Olympic Games, Korean Air will suspend its three times a week flight between Incheon and Sao Paolo. The suspension of the route is due to low demand following the economic downturn in Brazil. Korean Air will endeavor to minimize the impact on its passengers as much as possible. To accommodate the affected tourists and the Korean community in Brazil, Korean Air will strengthen its cooperation with US carriers flying to Brazil. Korean Air will, however, study the feasibility of resuming the flights depending on changes in market conditions.
Korean Air is also reducing the frequency of flights between Incheon and Jakarta from ten to seven flights weekly from September. The reduction is due to low demand. The affected flights are KE625 and KE626, which operate on Wednesday, Saturday and Sunday. The daily service of KE627/8 will be maintained without change.
Through constant development of new routes and the reduction of flights with low demand, Korean Air will maximize its profitability to ensure sustainability and competitiveness.