Korean Air to Sponsor 2018 Pyeongchang Winter Olympics
D-Bo , March 19, 2015, 9:54 a.m.
Korean Air signed a sponsorship deal with the organizing committee of the 2018 Pyeongchang Winter Olympics on Wednesday. The airline will provide air transport for the staff of the organizing committee and athletes, as well as air cargo services for the event. The committee is also in negotiations with other major companies including Hyundai Motor, Samsung and SK to obtain sponsorships.
Korean Air is the flag carrier airline of South Korea and the largest airline in South Korea based on fleet size, international destinations and international flight. The airline's global headquarters located in Seoul, South Korea.
Korean Air's international passenger division and related subsidiary cargo division together serve 130 cities in 45 countries, while its domestic division serves 20 destinations. It is among the top 20 airlines in the world in terms of passengers carried and is also the top-ranked international cargo airline. Incheon International Airport serves as Korean Air's international hub. Korean Air also maintains a satellite headquarters campus at Incheon.
Korean Air was originally founded as the Korean National Airlines in 1946. After several years of service and expansion, the airline was fully privatized in 1969 and commenced operations on the 1st of March 1969. The airline celebrated its 45th anniversary in 2014. The majority of Korean Air's pilots, ground staff, and flight attendants are based in Seoul.
Korean Air is a founding member of the SkyTeam, and the parent company of Jin Air. The alliance has since become the second largest alliance in the world, second only to Star Alliance. It was voted Asia's best airline by Business Traveler readers in 2012. Korean Air is currently an official sponsor of the 2014 Asian Games .