Wednesday, 8 May 2019

Asian airline cuts routes; pulls the plug on first class

Hard on the heels of several budget airlines going belly-up, cash-strapped Asiana Airlines has announced it is cutting all first-class services across its network in the latest cost-cutting exercise ahead of a possible sale.

South Korea's second-largest carrier will scrap first class on its A380 aircraft from September.



Passengers in business class will have access to first class suites and gain access to the premium lounges but at a 30-40% lower fare.

Asiana also recently announced the suspension of loss-making international routes to Chicago, as well as to Khabarovsk and Sakhalin in Russia, and to Delhi, India, Travel Mole reported.

Struggling parent company Kumho Asiana Group agreed to offload its stake in Asiana in return for a rescue package from creditors as well as reducing operating costs across the business.

The airline also began offering voluntary retirement payouts for senior office-based staff.

Fellow Korean airline Korean Air is also in trouble financially and recently announced it would scrap first-class services on 27 international routes.


Asiana is part of the Star Alliance group and flies to 90 destinations globally. It flies between South Korea and Sydney. 


No comments:

Post a Comment