Korean Air Wins World's Best Airline From ATW

Korean Air

Air Transport World’s (ATW) annual World Airline Report published in August has declared Korean Air as the world’s best airline. ATW is a ranking system regarding airline excellence and the sister publication of Aviation Magazine.

According to the Korean airline, its net profit was $850 million last year, approximately a $1.4 billion positive change over 2016. The Korean aircraft carrier was also considered top 25 in operating profit and RPK’s (revenue passenger kilometers) and ended up ranked as one of the world’s top 20 airlines in operating revenues.

Korean Air credits its ranking to a number of factors including:

Free Luxury Travel Newsletter

Like this story? Subscribe to The Dossier

Luxury Travel Advisor’s only newsletter, covering unique destinations and product news for affluent travelers. Delivered every Tuesday & Thursday.
  • Focus on qualitative rather than quantitative growth
  • More diversified marketing strategies
  • More flexibility in capacity control
  • Route profitability monitoring
  • Differentiation through customer service
  • Continued introduction of new aircraft like the Boeing 787

Korean Air carried more than 26 million passengers in 2017 while operating more than 460 flights per day to almost every continent and over 100 cities. Having a fleet of over 170 aircraft, the airline employs more than 200,000 people. Profits mainly come from passenger, cargo, aerospace, catering and in-flight sales. This airline is one of the founding members of the Sky Team airline alliance; 20 members deliver over 700 million people across the world. Korean Air will celebrate its 50th anniversary in 2019.

Related Articles

AirHelp Launches “Passenger Rights Awareness Month”

Air Italy to Offer Newly Added Miami-Milan Route in the Winter

Winter Sun Holidays: The World's Most Idyllic Places to Stay

Six Luxury Hotels for Adventure Travelers

Suggested Articles:

Four Seasons Hotel Hong Kong has announced the completion of the first phase of its top-to-bottom renovation. Read more here.

Wildflower Farms, Auberge Resorts Collection will be a nature-inspired luxury retreat in the Hudson Valley. It’s slated to open in fall 2022.

Shangri-La Group will develop a luxury hotel just north of the Nijo Castle, a UNESCO World Heritage Site, in Kyoto. Learn more here.