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Korea’s tax office is investigating Jin Air over potential tax evasion, the latest in a series of investigations into Hanjin Group’s founding family members over alleged wrongdoings, industry sources said Monday. The tax probe came days after the…
Jin Air, the budget affiliate of Korean Air, said Friday that its second-quarter net profit fell 88 percent from a year earlier on increased fuel costs and a decline in travel demand. Net profit for the three months that ended on June 30 came to 1 billion won…
Budget airlines flew high in the first quarter, with combined operating profits soaring to more than double the figure inked in the same quarter last year. Combined operating profits from Korea’s six low-cost carriers (LCC) – Jeju Air, Jin Air, T’way Air,…
South Korean low-cost carrier Jin Air is ready to fly to Lombok in the Indonesian province of West Nusa Tenggara using a wide-bodied Boeing 777 plane to encourage the tourism industry there, an official said. “I have received an official (notification) from…
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