Connect with us

Business

South Korean Airlines See Record Number of Aircraft

Published

on

Data released on Sunday reveals that South Korean airlines owned and operated over 400 airplanes last year, the highest number on record since tracking began. By the end of last year, domestic airlines had a total of 416 aircraft in their fleets, including 42 cargo planes—a net increase of 23 aircraft compared to the previous year, according to information provided to Rep. Lee Yeon-hee of the main opposition Democratic Party (DP).

This figure represents the highest count of planes since the registration of private aircraft began in South Korea in 1977, as reported by the Yonhap news agency.

Looking ahead, the total is projected to rise further this year, as domestic airlines plan to add 54 new planes while retiring 38 older ones. The trend of increasing aircraft numbers has been consistent, surpassing 300 for the first time in 2015 and reaching a record 414 in 2019, before seeing a decline due to the COVID-19 pandemic.

Breaking down the numbers by airline, industry leader Korean Air commanded the largest share, operating 165 planes or 39.7% of the total fleet. This was followed by Asiana Airlines with 83 planes and Jeju Air with 41 aircraft, which includes one lost in a tragic crash that took 179 lives on December 29.

In terms of aircraft manufacturer, 62% of the total, or 258 planes, were produced by Boeing, while Airbus accounted for 38%, totaling 158 planes.

Advertisement

In December, Korean Air successfully acquired local competitor Asiana Airlines, concluding a lengthy acquisition process. As part of the deal, Korean Air invested 1.5 trillion won (approximately $1.04 billion) to acquire 131.57 million new shares of Asiana, finalizing the merger valued at 1.8 trillion won.

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

Pune FDA Seizes 3,800 Kg of Adulterated Mango Pulp in Major Crackdown

Published

on

In a major action against food adulteration, the Food and Drug Administration (FDA) in Pune has seized over 3,800 kilograms of mango pulp mixed with unsafe food colours.

The raid was carried out after officials received confidential information about illegal production activities in the district. Acting quickly, an FDA team traced the source to a manufacturing unit in Urse village in Maval taluka.

During the inspection, officers found that the mango pulp was being prepared using unauthorised food colours and other banned substances. These materials are not allowed under food safety rules and can be harmful to consumers.

The unit was reportedly operated by Mohammad Ekramul, also known as Akram Gulam. Authorities said the facility was violating multiple food safety regulations.

Officials immediately seized the adulterated stock and stopped further production at the site. The FDA has also begun investigating the supply chain to identify where the products were being distributed.

Advertisement

READ MORE:98-Year-Old Nani Turns Entrepreneur, Inspires Millions With Gujarati Snacks

Authorities warned that strict action will be taken against those involved in food adulteration. They also urged the public to stay cautious while buying food products, especially during the mango season.

Further investigation into the case is currently underway.

 

Advertisement
Continue Reading

Business

98-Year-Old Nani Turns Entrepreneur, Inspires Millions With Gujarati Snacks

Published

on

Ahmedabad: In an inspiring story of resilience and passion, 98-year-old Prabhavati Bhagwati from Ahmedabad has become a viral sensation for her small food business. She began selling traditional Gujarati snacks at the age of 91, proving that age is no barrier to pursuing one’s passion.

Prabhavati Bhagwati was born in 1927 and lived a happy life with her husband, Praful Bhagwati. The couple shared 68 years of marriage. However, her life changed in 2017 after her husband passed away. With her children living separately and her grandchildren grown up, she found herself alone at home.

Cooking had always been her way of expressing love. After her husband’s death, her kitchen felt empty and quiet. Instead of giving up, she decided to turn her passion into a purpose. At the age of 91, she started preparing and selling homemade Gujarati snacks.

Her food quickly gained popularity among locals. People admired not only the taste of her dishes but also her dedication and spirit. Today, at 98, she continues her work with the same energy and enthusiasm.

READ MORE :Drunk Driver Rams Car into Procession, 7-Year-Old Girl Killed

Prabhavati’s journey has inspired many across the country. Her story is widely shared on social media, where people praise her determination and positive attitude. She has become a symbol of strength, showing that it is never too late to start something new.

Advertisement

Her life sends a powerful message: passion and purpose can give new meaning to life at any age.

 

Continue Reading

Business

Tomato Prices Crash from Rs.1200 to Rs.80, Farmers in Distress

Published

on

Business: Tomato prices in Vijayanagara district have dropped sharply, causing heavy losses to farmers and traders. A box of tomatoes that was earlier sold for Rs.1000 to Rs.1200 is now being sold for just Rs.80 to Rs.100.

Due to the sudden fall in prices, farmers are struggling to recover their investment. Many had taken loans to grow the crop and are now facing financial difficulties.

In local markets, traders are selling tomatoes at very low rates. Around 2 to 4 kilograms of tomatoes are being sold for just Rs.20.

The price crash has been linked to multiple reasons. Export of tomatoes to other countries has reduced due to the Iran–Israel conflict. In addition, many hotels are not operating properly due to a shortage of cooking gas cylinders. This has reduced demand for tomatoes.

READ MORE :Man Shoots Two Stray Dogs Over Poultry Killing Allegation

Advertisement

As a result, both farmers and sellers are facing serious losses, and the situation has become very difficult for them.

Continue Reading

Trending