Korean Air faces a growing maintenance capacity challenge, as its acquisition of Asiana Airlines creates a fleet of more than 230 aircraft at a time when heavy-maintenance slots remain increasingly difficult to secure across Asia. The integrated carrier, scheduled to launch in December, will operate the larger fleet and employ more than 4,000 maintenance workers. It will require more airframe, engine and component maintenance that must be handled internally or secured through outside maintenance, repair and operations (MRO) providers. However, constrained global MRO capacity and a shortage of international heavy-maintenance slots have become a material operational risk to Korean Air. Securing wide-body base-maintenance slots has become particularly difficult across Southeast Asia. Korean Air is responding by expanding its own capabilities. In November last year, the airline and Incheon International Airport Corp. (IIAC) agreed to invest 176 billion won ($130 million) to build a next-generation maintenance hangar at the airport's High-Tech Aviation Complex. The facility will be able to ac

Korea was ranked 12th place in the global artificial intelligence (AI) diffusion scale, with more than 40 percent of the population using the technology in the second quarter, a report from Microsoft Corp. showed Monday. Generative AI usage rate among Koreans aged 15 to 64 rose 3.5 percentage points from the previous quarter, bringing the country up by four ranks as of end-June, according to the global AI diffusion report published by the U.S. software developer. Global usage rate of generative AI was up 1 percentage point from 17.8 percent in the January-March period to 18.8 percent in the April-June period, the report showed. United Arab Emirates (UAE) was the highest in AI adoption, with a usage rate of 73.3 percent. Followed by Singapore at 64.3 percent, Ireland at 49.9 percent and France estimated at 49.6 percent. The AI usage rate was 28.8 percent in the Global North and 16.2 percent in the Global South, widening the adoption gap to 12.6 percentage points. Global North is a term referring to wealthy, industrialized countries, such as the United States, Korea, Japan, Israel and New Z

Korea Aerospace Industries Ltd. (KAI) said Monday it will work with POSCO International Corp. and a Mexican aerospace industry group to strengthen aerospace cooperation in Mexico and explore opportunities in the broader Latin American market. KAI, POSCO International and the Mexican Federation of Aerospace Industry (FEMIA) signed a memorandum of understanding (MOU) on aerospace industry cooperation on the occasion of President Lee Jae Myung's state visit to Mexico last week. Under the agreement, KAI plans to develop business models involving supply chain cooperation and explore new business opportunities in Latin America. POSCO International will support efforts to integrate selected Mexican companies into KAI's aerospace manufacturing supply chain. FEMIA, which represents more than 100 member companies, will facilitate exchanges with Mexico's aerospace ecosystem, help identify potential local partners and provide information on relevant government policies. "Building on our cooperation with Mexico, we will accelerate efforts to expand the FA-50 light combat aircraft into Central America

LG Chem signed an agreement with Volkswagen Group to jointly develop next-generation and eco-friendly materials for vehicles, the Korean chemical maker said Monday. The memorandum of understanding (MOU), a nonbinding agreement, was signed recently at the LG Twin Towers in Seoul's Yeouido financial district. Stefan Gramse, a Volkswagen Group executive vice president in charge of exterior parts procurement, and LG Chem executives from its petrochemicals business attended the signing. Under the deal, the two companies will use LG Chem's acrylonitrile butadiene styrene and engineering plastics to make vehicles lighter, improve performance and develop new plastics and composite materials. Both are high-performance plastics known for impact strength, durability and ease of processing, and are widely used in home appliance casings and car interiors and exteriors. Volkswagen will also consider wider use of LG Chem's post-consumer recycled plastics, made from products discarded by consumers, as well as lower-cost materials for the interiors and exteriors of its major car brands. The companies agr

Samsung Biologics showcased manufacturing technologies designed to accelerate biopharmaceutical development and improve product quality at BioProcess International (BPI) 2026 in Boston, highlighting efforts to streamline complex drug production. The company said Monday it participated in BPI from Sept. 22-25, drawing more than 3,000 biopharmaceutical professionals from around the world. Samsung Biologics, which has attended BPI for nine consecutive years, operated its own booth featuring capabilities spanning contract research, development and manufacturing, along with Samsung Organoids, differentiated contract development and manufacturing services and production for multiple modalities. During a presentation Wednesday, the company's antibody purification process development team outlined an integrated chemistry, manufacturing and controls strategy for bispecific and multispecific antibodies. The team said molecule-specific process development reduced a development timeline from 13 months to 9.5 months while maintaining high quality. Scientific posters presented during the conference als

Almonty Korea Tungsten Corp. (AKTC) has produced its first bulk bag of salable tungsten concentrate produced at its Sangdong mine in Yeongwol County, Gangwon Province, ready for shipment, marking a key step toward commercial production. The Korean subsidiary of New York-based Almonty Industries said Monday that the production of 1 ton of minerals came after the Korea Mine Rehabilitation and Mineral Resources Corp. issued a mining facility inspection certificate for the mine’s processing plant and crushing facilities on Sept. 17. The state-run company under the Ministry of Trade, Industry and Resources inspected the facilities on Sept. 14 and found the plant and facilities compliant. The certification has formally opened doors for AKTC to operate the facilities and process ores mined at Sangdong into tungsten concentrate for domestic supply and export. Production involves crushing, grinding and flotation to separate tungsten-bearing material from the ores. AKTC said it will gradually increase output and begin supplying customers in Korea and overseas after the production process stabili

Mobile platform giant Kakao Group named Kakao Investment CEO Kim Do-young as co-chair of the group’s control tower, ahead of the planned spin-off of its flagship unit Kakao Corp. Kakao Group said Monday that its CEOs agreed to appoint Kim as co-chair of the Corporate Alignment (CA) Council. Kim will lead the council alongside existing CA Council Chair Chung Shin-a, who is also CEO of Kakao Corp. The group said the appointment is intended to ensure continuity in key decision-making and enhance organizational stability ahead of the spin-off. Kim and Chung will jointly oversee major decisions until the split, while strengthening group-wide coordination and execution. Kim is an investment specialist who built his career as an investment banking director at Samsung Securities. Before joining Kakao Group, he served as chief financial officer of Kolon Mobility Group from 2022 to 2025. The appointment is in line with the proposed spin-off of Kakao Corp. Under the plan, the company will be split into Kakao AI, which will oversee flagship messenger KakaoTalk, artificial intelligence (AI), advert