Air Transport World

Korean Air.(Asia/Pacific report)(plans to expand cargo services over ten years)(Brief Article)

Korean Air intends to invest more than $9 billion over the next 10 years as part of a plan to become the world's leading cargo carrier by 2007 and one of the world's top 10 passenger airlines by 2010. It will invest $6.6 billion in fleet acquisitions and modernization, $1.9 billion in new IT programs, $430 million for projects at Incheon International Airport and $137 million in "service-oriented investments. …

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