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Kumho Asiana Group is a large South Korean Chaebol (conglomerate), with subsidiaries in the construction , electronics , IT , leisure , logistics , manufacturing , tourism and transportation sectors. The group is headquartered at the Kumho Asiana Main Tower in Sinmunno 1-ga , Jongno-gu , Seoul , South Korea . As of 2014, the largest shareholder is Park Sam-koo, the third son of the company's founder, who stepped down as CEO in 2010.

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59-659: Asiana Airlines Inc. ( Korean :  아시아나항공 ; Hanja :  아시아나航空 ; RR :  Asiana Hanggong KRX : 020560 ) is a South Korean airline headquartered in Seoul . The airline operates 90 international passenger routes, 14 domestic passenger routes and 27 cargo routes throughout Asia, Europe, and North America. In 2019, it accounted for 25% of South Korea's international aviation market and 20% of its domestic market. It maintains its international hub at Incheon International Airport and its domestic hub at Gimpo International Airport , both in Seoul . Asiana Airlines

118-526: A Boeing 747-400 Combi. Services to Vienna, Brussels, and Honolulu began in the mid-1990s. In 1993, Asiana began services in Ho Chi Minh City in Vietnam. Asiana Airlines has rapidly expanded since its establishment in 1988 to become a mid-sized global carrier with a fleet of 85 aircraft. In December 1998, the airline operated an aircraft on behalf of the president of South Korea for the first time. The airline

177-519: A letter of intent to acquire Asiana Airlines. On 12 November, a consortium of HDC Hyundai Development Company and Mirae Asset Daewoo was selected as the preferred bidder. Asiana Airlines has chosen to retire older aircraft, including Boeing 747-400s and Boeing 767-300s , allowing the airline to reduce debt and weakness. In July 2020, HDC Hyundai Development Company received approval from Russian authorities for its acquisition of Asiana Airlines. However, on 11 September 2020, Korea Development Bank ,

236-609: A minority language in parts of China , namely Jilin , and specifically Yanbian Prefecture , and Changbai County . It is also spoken by Sakhalin Koreans in parts of Sakhalin , the Russian island just north of Japan, and by the Koryo-saram in parts of Central Asia . The language has a few extinct relatives which—along with the Jeju language (Jejuan) of Jeju Island and Korean itself—form

295-475: A spoken language . Since the turn of the 21st century, aspects of Korean culture have spread to other countries through globalization and cultural exports . As such, interest in Korean language acquisition (as a foreign language ) is also generated by longstanding alliances, military involvement, and diplomacy, such as between South Korea–United States and China–North Korea since the end of World War II and

354-484: A Korean influence on Khitan. The hypothesis that Korean could be related to Japanese has had some supporters due to some overlap in vocabulary and similar grammatical features that have been elaborated upon by such researchers as Samuel E. Martin and Roy Andrew Miller . Sergei Starostin (1991) found about 25% of potential cognates in the Japanese–Korean 100-word Swadesh list . Some linguists concerned with

413-477: A core vowel. The IPA symbol ⟨ ◌͈ ⟩ ( U+0348 ◌͈ COMBINING DOUBLE VERTICAL LINE BELOW ) is used to denote the tensed consonants /p͈/, /t͈/, /k͈/, /t͡ɕ͈/, /s͈/ . Its official use in the extensions to the IPA is for "strong" articulation, but is used in the literature for faucalized voice . The Korean consonants also have elements of stiff voice , but it is not yet known how typical this

472-500: A member of SkyTeam. According to The Korea Times , only Turkey has approved the antitrust deal so far. On 30 June 2021, the post-merger plans between two airlines were reported to have been finalized and approved by Korea Development Bank. In August 2021, the Malaysian Aviation Commission approved the merger between Korean Air and Asiana Airlines, citing economic efficiencies and social benefits. On 16 November 2021, it

531-513: A possible relationship.) Hudson & Robbeets (2020) suggested that there are traces of a pre- Nivkh substratum in Korean. According to the hypothesis, ancestral varieties of Nivkh (also known as Amuric ) were once distributed on the Korean Peninsula before the arrival of Koreanic speakers. Korean syllable structure is (C)(G)V(C), consisting of an optional onset consonant, glide /j, w, ɰ/ and final coda /p, t, k, m, n, ŋ, l/ surrounding

590-484: A shortage of raw material, Kumho Synthetic Rubber (today Kumho Petrochemical ) was established in 1971. The group expanded considerably as the Korean economy boomed , adding subsidiary companies in aviation, construction, culture, logistics, information technology, and tourism business sectors. Surviving the 1997 Asian financial crisis in a position of strength, it acquired several companies from cash-strapped competitors in

649-623: A solution to its financial crisis. The sale of Asiana Airlines began in July 2019. In June 2019, Aekyung Group, the parent company of Korean low-cost carrier Jeju Air , was considered as a strong candidate to take over. Korean Air 's parent company, Hanjin Group , and SK Group also considered purchasing. Asiana Airlines discontinued unprofitable routes throughout July 2019 to October 2019, including Seoul–Incheon to Chicago–O'Hare , Delhi , Khabarovsk and Sakhalinsk . On 25 July 2019, Kumho Asiana Group,

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708-870: A subsidiary of Korean Air and operate independently for two years. The two entities will then integrate into a single airline in 2026 following organizational adjustments, such as workforce realignment. Once merged, Asiana will end its 38 years of operation history as well as its subsidiary Air Busan and Air Seoul. The airline has its global headquarters in Seoul at the Asiana Town ( 아시아나타운 ) in Osoe-dong , Gangseo-gu , Seoul. The airline's head office moved from Hoehyeon-dong , Jung District to Asiana Town in Osoe-dong on 1 April 1998. Asiana Airlines serves destinations on five continents, with an Asian network that includes important cities in

767-448: Is a full-service airline member of Star Alliance with two subsidiary low-cost carriers Air Busan and Air Seoul. It is the largest shareholder of Air Busan , a regional carrier that the airline established as joint venture with Busan Metropolitan City . The airline also operates Air Seoul , a wholly-owned subsidiary. The airline will end its operation by the end of 2026 as a result of merger with Korean Air . Korean Air , which

826-656: Is an agglutinative language . The Korean language is traditionally considered to have nine parts of speech . Modifiers generally precede the modified words, and in the case of verb modifiers, can be serially appended. The sentence structure or basic form of a Korean sentence is subject–object–verb (SOV), but the verb is the only required and immovable element and word order is highly flexible, as in many other agglutinative languages. Question 가게에 gage-e store- LOC 가셨어요? ga-syeo-sseo-yo go- HON . PAST - CONJ - POL 가게에 가셨어요? gage-e ga-syeo-sseo-yo store-LOC go-HON.PAST-CONJ-POL 'Did [you] go to

885-511: Is closer to a near-open central vowel ( [ɐ] ), though ⟨a⟩ is still used for tradition. Grammatical morphemes may change shape depending on the preceding sounds. Examples include -eun/-neun ( -은/-는 ) and -i/-ga ( -이/-가 ). Sometimes sounds may be inserted instead. Examples include -eul/-reul ( -을/-를 ), -euro/-ro ( -으로/-로 ), -eseo/-seo ( -에서/-서 ), -ideunji/-deunji ( -이든지/-든지 ) and -iya/-ya ( -이야/-야 ). Some verbs may also change shape morphophonemically. Korean

944-399: Is mainly reserved for specific circumstances such as newspapers, scholarly papers and disambiguation. Today Hanja is largely unused in everyday life but is still important for historical and linguistic studies. The Korean names for the language are based on the names for Korea used in both South Korea and North Korea. The English word "Korean" is derived from Goryeo , which is thought to be

1003-399: Is of faucalized consonants. They are produced with a partially constricted glottis and additional subglottal pressure in addition to tense vocal tract walls, laryngeal lowering, or other expansion of the larynx. /s/ is aspirated [sʰ] and becomes an alveolo-palatal [ɕʰ] before [j] or [i] for most speakers (but see North–South differences in the Korean language ). This occurs with

1062-478: Is recognized as a Golden Grand Slam Airline, the first airline to achieve this. Apart from this prestigious title, the company has received the Best Airline for Onboard Service and Flight Attendants for eight consecutive years, among other awards. Asiana Airlines is rated as a "5-Star" airline by Skytrax. In April 2019, Asiana Airlines' parent company, Kumho Asiana Group, announced its plan to sell Asiana Airlines as

1121-716: Is well attested in Western Old Japanese and Northern Ryukyuan languages , in Eastern Old Japanese it only occurs in compounds, and it is only present in three dialects of the Southern Ryukyuan language group . Also, the doublet wo meaning "hemp" is attested in Western Old Japanese and Southern Ryukyuan languages. It is thus plausible to assume a borrowed term. (See Classification of the Japonic languages or Comparison of Japanese and Korean for further details on

1180-508: Is written in the Korean script ( 한글 ; Hangeul in South Korea, 조선글 ; Chosŏn'gŭl in North Korea), a system developed during the 15th century for that purpose, although it did not become the primary script until the 20th century. The script uses 24 basic letters ( jamo ) and 27 complex letters formed from the basic ones. When first recorded in historical texts, Korean was only

1239-675: The Korean War . Along with other languages such as Chinese and Arabic , Korean is ranked at the top difficulty level for English speakers by the United States Department of Defense . Modern Korean descends from Middle Korean , which in turn descends from Old Korean , which descends from the Proto-Koreanic language , which is generally suggested to have its linguistic homeland somewhere in Manchuria . Whitman (2012) suggests that

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1298-524: The Korean dialects , which are still largely mutually intelligible . The Chinese language , written with Chinese characters and read with Sino-Xenic pronunciations , was first introduced to Korea in the 1st century BC, and remained the medium of formal writing and government until the late 19th century. Korean scholars adapted Chinese characters (known in Korean as Hanja ) to write their own language, creating scripts known as idu , hyangchal , gugyeol , and gakpil. These systems were cumbersome, due to

1357-557: The Three Kingdoms of Korea (not the ancient confederacies in the southern Korean Peninsula), while " -eo " and " -mal " mean "language" and "speech", respectively. Korean is also simply referred to as guk-eo , literally "national language". This name is based on the same Han characters ( 國語 "nation" + "language") that are also used in Taiwan and Japan to refer to their respective national languages. In North Korea and China ,

1416-594: The 'reference date'. Status miles are based on 'On-board mileage', which includes miles accumulated by travelling with Asiana Airlines or Star Alliance airlines. Also, members can accrue miles by flying partner airlines such as Qatar Airways. Miles accumulated in the program entitle members to bonus tickets, class upgrades, and other products and services such as dining at Outback Steakhouse. Asiana Club Miles can be collected on all flights operated by Star Alliance member airlines, as well as Air Astana , Etihad Airways and Qatar Airways . Asiana has endorsement deals with

1475-949: The 16th century for all Korean classes, including uneducated peasants and slaves. By the 17th century, the yangban had exchanged Hangul letters with slaves, which suggests a high literacy rate of Hangul during the Joseon era. In the context of growing Korean nationalism in the 19th century, the Gabo Reform of 1894 abolished the Confucian examinations and decreed that government documents would be issued in Hangul instead of literary Chinese. Some newspapers were published entirely in Hangul, but other publications used Korean mixed script , with Hanja for Sino-Korean vocabulary and Hangul for other elements. North Korea abolished Hanja in writing in 1949, but continues to teach them in schools. Their usage in South Korea

1534-416: The 2000s, including Daewoo Engineering & Construction and Korea Express. These acquisitions were heavily leveraged , leading to cash flow issues as the financial crisis of 2007–08 began to impact the economy. The group was forced to sell off assets and begin a debt workout program in late 2009 after an attempt to sell Daewoo E&C failed on the open market. In December 2015, Kumho Petrochemical

1593-777: The People's Republic of China, Japan, Southeast Asia, and Central Asia. The airline serves several gateway cities in North America and Europe while retaining limited coverage of Oceania. Asiana Cargo, the airline's cargo subsidiary, also has a wide network, especially in Europe, Asia, and the United States. Asiana decided to launch Air Seoul , the airline's second subsidiary and its low-cost carrier, based in Incheon International Airport, and transfer some of its unprofitable routes to

1652-567: The aircraft and business class is fully equipped with new AVODs. In-flight entertainment systems are not offered on domestic routes, which consist of flights of an hour or less. Asiana offers two in-flight magazines, Asiana (a travel magazine) and Asiana Entertainment . Asiana Club is Asiana Airlines' frequent-flyer program , formerly Asiana Bonus Club. Asiana Club has five tiers: Silver, Gold, Diamond, Diamond Plus, and Platinum. To acquire or maintain each tier, members are required to accrue 0, 20000, 40000, 100000 miles in two calendar years from

1711-472: The airline's freight division. In 2012, the airline had net sales of US$ 5.3 billion. In February 2006, Asiana Airlines modernized its corporate identity for unification with those of other divisions of its parent company the Kumho Asiana Group . The names of the travel classes have changed from first, business, and economy classes to first, business, and travel classes, respectively, and the colors of

1770-455: The beginnings of words. /l/ becomes alveolar flap [ɾ] between vowels, and [l] or [ɭ] at the end of a syllable or next to another /l/ . A written syllable-final ' ㄹ ', when followed by a vowel or a glide ( i.e. , when the next character starts with ' ㅇ '), migrates to the next syllable and thus becomes [ɾ] . Traditionally, /l/ was disallowed at the beginning of a word. It disappeared before [j] , and otherwise became /n/ . However,

1829-414: The compact Koreanic language family . Even so, Jejuan and Korean are not mutually intelligible . The linguistic homeland of Korean is suggested to be somewhere in contemporary Manchuria . The hierarchy of the society from which the language originates deeply influences the language, leading to a system of speech levels and honorifics indicative of the formality of any given situation. Modern Korean

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1888-638: The criteria for ISO 14001 in 1996. In 2001, Asiana Airlines was recognized for being the "first environmentally friendly company within the service industry" by the South Korean Ministry of Environment . Some of Asiana's other environmentally minded programs include an emissions measurement and reduction system; reducing pollution from ground facilities; and partnering with the Rainforest Alliance for coffee served on board. With these achievements attained over four consecutive years, Asiana Airlines

1947-399: The first Korean dynasty known to Western nations. Korean people in the former USSR refer to themselves as Koryo-saram or Koryo-in (literally, " Koryo/Goryeo persons"), and call the language Koryo-mal' . Some older English sources also use the spelling "Corea" to refer to the nation, and its inflected form for the language, culture and people, "Korea" becoming more popular in

2006-407: The following: [REDACTED] Media related to Asiana Airlines at Wikimedia Commons Korean language Korean ( South Korean : 한국어 , Hanguk-eo ; North Korean : 조선어 , Chosŏnŏ ) is the native language for about 81 million people, mostly of Korean descent. It is the national language of both North Korea and South Korea . Beyond Korea, the language is recognized as

2065-452: The fundamental disparities between the Korean and Chinese languages, and accessible only to those educated in classical Chinese. Most of the population was illiterate. In the 15th century King Sejong the Great personally developed an alphabetic featural writing system , known today as Hangul , to promote literacy among the common people. Introduced in the document Hunminjeongeum , it

2124-545: The highest class and travel class, without first class. Some of the short-length international flights and charter flights are operated on a mono-class basis, as well as all of the airline's domestic flights. Business Smartium Class is installed on Boeing 777-200ER, and Business Class is installed on Boeing 767 and A330, but some of the A330 are equipped with newly furbished cocoon seats. Most of Asiana's Travel class seats also have television or video systems. AVODs are installed on many of

2183-515: The holding company of Korean Air, to fund the merger. The two airlines would operate as separate brands until integration is complete. The Ministry of Land, Infrastructure, and Transport planned to integrate subsidiaries Air Busan , Air Seoul , and Jin Air into a new low-cost airline. The combined low-cost carrier will focus on regional airports within South Korea and flying regional Asia-Pacific routes. In March 2021, Korean Air announced it would delay

2242-479: The inflow of western loanwords changed the trend, and now word-initial /l/ (mostly from English loanwords) are pronounced as a free variation of either [ɾ] or [l] . All obstruents (plosives, affricates, fricatives) at the end of a word are pronounced with no audible release , [p̚, t̚, k̚] . Plosive sounds /p, t, k/ become nasals [m, n, ŋ] before nasal sounds. Hangul spelling does not reflect these assimilatory pronunciation rules, but rather maintains

2301-408: The issue between Japanese and Korean, including Alexander Vovin, have argued that the indicated similarities are not due to any genetic relationship , but rather to a sprachbund effect and heavy borrowing, especially from Ancient Korean into Western Old Japanese . A good example might be Middle Korean sàm and Japanese asá , meaning " hemp ". This word seems to be a cognate, but although it

2360-618: The language is most often called Joseon-mal , or more formally, Joseon-o . This is taken from the North Korean name for Korea (Joseon), a name retained from the Joseon dynasty until the proclamation of the Korean Empire , which in turn was annexed by the Empire of Japan . In mainland China , following the establishment of diplomatic relations with South Korea in 1992, the term Cháoxiǎnyǔ or

2419-451: The late 1800s. In South Korea the Korean language is referred to by many names including hanguk-eo ("Korean language"), hanguk-mal ("Korean speech") and uri-mal ("our language"); " hanguk " is taken from the name of the Korean Empire ( 대한제국 ; 大韓帝國 ; Daehan Jeguk ). The " han " ( 韓 ) in Hanguk and Daehan Jeguk is derived from Samhan , in reference to

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2478-414: The merger with Asiana Airlines due to a delay in antitrust approval from the government and six foreign authorities (China, Japan, Taiwan, Thailand, United States, and Vietnam). Korean Air will operate Asiana Airlines as a subsidiary for the next two years, after which it will combine its operation, IT, and other systems into a single system until 2024. Once the merger is complete, Asiana Airlines could become

2537-495: The parent company of Asiana Airlines, officially announced its intention to sell Asiana Airlines for an estimated price of 1.5 to 2.0 trillion won (US$ 1.26 to 1.68 billion). Asiana Airlines includes subsidiaries Air Busan , Air Seoul , Asiana IDT and other subsidiary companies. AeKyeong Group, the parent company of Jeju Air, has expressed interest in acquiring Asiana Airlines. On 4 September 2019, Aekyung Group, Mirae Asset Daewoo , and Korea Corporate Governance Improvement applied

2596-782: The primary creditor for Asiana Airlines, and Kumho Asiana Group officially canceled the merger with HDC Hyundai Development Company. Asiana Airlines will be run by creditors until a new owner is approved by the South Korean government. On 16 November 2020, the Government of the Republic of Korea announced a policy of merging Asiana Airlines with Korean Air , which would acquire a 30.77% stake in Asiana from Korea Development Bank . The Korean state-run bank would invest 800 billion won (US$ 600 million) to Hanjin KAL,

2655-631: The proto-Koreans, already present in northern Korea, expanded into the southern part of the Korean Peninsula at around 300 BC and coexisted with the descendants of the Japonic Mumun cultivators (or assimilated them). Both had influence on each other and a later founder effect diminished the internal variety of both language families. Since the establishment of two independent governments, North–South differences have developed in standard Korean, including variations in pronunciation and vocabulary chosen. However, these minor differences can be found in any of

2714-611: The same year, began international chartered flights to Sendai in Japan. In 1990, Asiana began its first scheduled international services, to the Japanese cities of Tokyo , Nagoya , Sendai, and Fukuoka . In the same year, Asiana had nine Boeing 747-400s , 20 Boeing 767-300s , and eight Boeing 737-400s . In early 1991, Asiana began services to Bangkok, Singapore, Hong Kong, and Taipei . Transpacific flights to Los Angeles began in December 1991 with

2773-660: The short form Cháoyǔ has normally been used to refer to the standard language of North Korea and Yanbian , whereas Hánguóyǔ or the short form Hányǔ is used to refer to the standard language of South Korea. Korean is a member of the Koreanic family along with the Jeju language . Some linguists have included it in the Altaic family, but the core Altaic proposal itself has lost most of its prior support. The Khitan language has several vocabulary items similar to Korean that are not found in other Mongolian or Tungusic languages, suggesting

2832-492: The store?' Response 예/네. ye/ne AFF Kumho Asiana Group After World War II , Park In-chon began a taxi service, based out of Geumnamno in Seo-gu , Gwangju . By the 1950s, operations had expanded to include bus and coach services, operating as Gwangju Passenger Service (today, Kumho Buslines). The company began vertical integration in 1960 with the establishment of Samyang Tire, today Kumho Tire . Facing

2891-495: The subsidiary in November 2016. Asiana Airlines codeshares with these airlines: As of November 2024, Asiana Airlines operates the following aircraft: Asiana Airlines has previously operated the following aircraft: Asiana Airlines offers five classes of services – First Suite Class, First Class, Business Smartium Class, Business Class, and Travel (economy) Class. Seat configurations and in-flight entertainment systems vary by

2950-441: The tense fricative and all the affricates as well. At the end of a syllable, /s/ changes to /t/ (example: beoseot ( 버섯 ) 'mushroom'). /h/ may become a bilabial [ɸ] before [o] or [u] , a palatal [ç] before [j] or [i] , a velar [x] before [ɯ] , a voiced [ɦ] between voiced sounds, and a [h] elsewhere. /p, t, t͡ɕ, k/ become voiced [b, d, d͡ʑ, ɡ] between voiced sounds. /m, n/ frequently denasalize at

3009-527: The travel classes have changed to yellow, blue, and red for first, business, and travel, respectively. New uniforms were also created for the crew. Asiana began to focus on being an environmentally friendly company in the mid-1990s, leading to decisions such as completely banning in-flight smoking and cigarette sales in 1995. The company was awarded first-in-class certification by the International Organization for Standardization (ISO) for meeting

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3068-770: The type of aircraft and its operating routes. First Suite class is offered on A380-800, which is serviced on routes to Los Angeles, New York City, Sydney, and Frankfurt. Old First Class is available on Boeing 747-400s. Both First Suite and old First Class were available on Boeing 777s but were later removed in favor of a two-class configuration. Passengers in these classes are offered pyjamas, souvenirs, and "amenity kits" containing items such as skin creams, toothpaste, eye shades, and earplugs. A passenger can pre-order in-flight meals 48 hours before departure. First-class seats are equipped with personal AVOD systems. Besides those routes, most of Asiana's international flights offer two types of classes – business smartium class or business class as

3127-464: The underlying, partly historical morphology . Given this, it is sometimes hard to tell which actual phonemes are present in a certain word. The traditional prohibition of word-initial /ɾ/ became a morphological rule called "initial law" ( 두음법칙 ) in the pronunciation standards of South Korea, which pertains to Sino-Korean vocabulary. Such words retain their word-initial /ɾ/ in the pronunciation standards of North Korea. For example, ^NOTE ㅏ

3186-463: Was acquired by Hanjin Transportation in 1969, had a monopoly on the South Korean airline industry until the establishment of Asiana in 1988. Asiana's formation did not come about as a policy initiative favoring liberalized market conditions, but rather because of pressure from other chaebols and interests that wanted to compete. It was formed by the Kumho Asiana Group (formerly Kumho Group) and

3245-698: Was announced that Ministry of Industry and Trade of Vietnam had approved Korean Air's acquisition of smaller local rival Asiana Airlines Inc. On 26 December 2022, the Ministry of Commerce of the People's Republic of China announced its approval of Korean Air's business combination with Asiana Airlines. The U.S. Department of Justice blocked the deal in May 2023 citing monopoly concerns. In November 2023, Asiana agreed to divest its cargo business in an attempt to appease regulatory concerns. As of 14 February 2024, Korean Air had obtained approvals from 13 of 14 regulatory authorities and

3304-456: Was awaiting its final approval from the United States. Korean Air Co. said August 7, 2024 it signed a tentative agreement valued at 470 billion won (US$ 341.7 million) to sell the cargo business division of Asiana Airlines Inc. to Air Incheon. After a long four-year review of the merger, US and EU finally approve its merger in November 2024. The acquisition transaction is expected to be finalized within 2024, after which Asiana Airlines will become

3363-581: Was called eonmun ('colloquial script') and quickly spread nationwide to increase literacy in Korea. The Korean alphabet was denounced by the yangban aristocracy, who looked down upon it too easy to learn. However, it gained widespread use among the common class and was widely used to print popular novels which were enjoyed by the common class. Since few people could understand official documents written in classical Chinese, Korean kings sometimes released public notices entirely written in Hangul as early as

3422-636: Was listed in KOSDAQ In December 1999. On 28 January 2003, the airline became a full Star Alliance member, expanding its worldwide network and global brand. In 2004, the airline added Airbus A330s and the Boeing 777-200ERs to its fleet and expanded its routes into mainland China. Currently, it provides international services to 71 cities in 23 countries on 91 routes and domestic services to 12 cities on 14 routes. It also provides international cargo services to 29 cities in 14 countries on 28 routes by Asiana Cargo,

3481-571: Was originally known as Seoul Air International. Asiana was established on 17 February 1988 and started operations in December 1988 with flights to Busan. As of 2007, the airline was owned by domestic private investors (30.53%), Kumho Industrial (29.51%), Kumho Petrochemical (15.05%), foreign investors (11.9%), Korea Development Bank (7.18%), and others (5.83%). Asiana began operations in December 1988, using Boeing 737 Classic aircraft, with flights to Busan and Gwangju . In 1989, Asiana began regular services to Jeju City , Gwangju, and Daegu , and later

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