How SriLankan Airlines and Korean Air's New Codeshare Partnership Allows You to Explore More Destinations!

If you’re looking for enhanced travel options between Colombo and Seoul, these two airlines just opened up new opportunities! SriLankan Airlines and Korean Air announced a new codeshare partnership, effective 15th March 2024. With this codeshare partnership, travellers can explore enhanced connections and travel options between Sri Lanka and Seoul.

The new partnership allows SriLankan Airlines to codeshare on flights operated between Singapore and Seoul Incheon by Korean Air. With this, passengers can travel on a single, Sri Lankan Airlines ticket between Colombo and Incheon via Singapore! In addition to this, Korean Air will codeshare on flights operated by SriLankan Airlines between Colombo and the cities of Seoul Incheon; Singapore; Chennai; and Male’, Maldives! In addition to enhanced travel opportunities, these airlines also offer a budget-friendly option to explore luxury destinations such as the Maldives.

We are delighted to launch our first-ever codeshare partnership with Korean Air, and boost the connectivity between Colombo and Seoul. The passanger traffic between the two cities continues to exceed our expectations, and the partnership will only help us grow our presence in this route in a manner that is fast and economical for the airline, and give more reasons for customers to choose SriLankan Airlines, says Richard Nuttall – Chief Executive Officer of SriLankan Airlines.

With SriLankan Airlines tapping into Korean Air’s extensive Far Eastern network through this collaboration, passengers of SriLankan now have the choice of daily flights between Colombo and Seoul via Singapore.

Additionally, passengers of Korean Air also gain access to SriLankan Airlines’ high-powered network in the Indian subcontinent. The airline operates nearly 100 flights a week across nine Indian cities and 23 flights a week to the Maldives. This includes triple daily plus flights between Colombo and Chennai and triple-daily flights between Colombo and Male’, Maldives.

With this codeshare agreement, travellers can explore increased flight choices, streamlined connections, and improved market presence. Both SriLankan Airlines and Korean Air are poised to deliver an enhanced travel experience for passengers.

China has escalated the ongoing U.S.-China trade conflict by instructing its domestic airlines to stop accepting new deliveries of Boeing aircraft. This significant move follows the United States’ imposition of hefty tariffs on Chinese goods. In response, China slapped 125% tariffs on U.S. exports. The new restrictions, as reported by Bloomberg, include halting the purchase of Boeing aircraft and any associated U.S. aerospace parts or equipment.

This decision severely impacts Boeing, one of America’s largest exporters. Boeing has long viewed China as a crucial growth market, especially as the Chinese aviation industry expands. The halt affects the delivery of Boeing 737 MAX jets, with approximately ten aircraft ready for delivery. However, the government may still allow planes for which payment and delivery documents were completed before the tariffs took effect, on a case-by-case basis.

The move comes amid escalating tensions between the two economic superpowers. U.S. President Donald Trump increased tariffs on Chinese imports up to 145%, prompting China to retaliate with its own tariffs. This situation has forced companies like Boeing to grapple with rising costs and logistical uncertainties. Boeing’s stock has already taken a significant hit, with shares falling 7% since the beginning of the year.

The Chinese government is also considering how to assist domestic airlines that lease Boeing jets, as these carriers face rising costs due to the tariffs. While the decision poses a setback for Boeing, it could benefit Airbus, which has a more established presence in China. As the dispute evolves, the global aviation industry remains uncertain about the long-term effects of these trade restrictions.

In addition to halting aircraft deliveries, China has tightened its control over the supply of critical aerospace components, complicating the situation for both U.S. and Chinese manufacturers.

How SriLankan Airlines and Korean Air’s New Codeshare Partnership Allows you to Explore More Destinations!

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