Korean Air Increases Cargo Services Between Frankfurt Airport and Seoul / Frankfurt/Rhine-Main Home of Europe's Largest Korean Business Community

Frankfurt/Main (Germany) - Korean Air (KE) has increased its cargo services between Frankfurt Airport (FRA) and Seoul-Incheon Airport (ICN), South Korea, from three to four freighter flights per week, in response to increasing demand for airfreight capacities between Asia and Europe. The Asian airline is using Boeing 747-400F cargo jets for the new service. Last week, the inaugural fourth flight from South Korea arrived at Frankfurt Airport, loaded mainly with electronic goods. Only three hours later, the jumbo jet took off again for its ten-hour non-stop flight back home.

Frankfurt Airport - the number one cargo hub in Europe and number eight worldwide (ACI 2002 figures) - and the surrounding Frankfurt/Rhine-Main region play an important role for Korean business and industry in Europe. According to the Frankfurt Chamber of Commerce and Industry (IHK Frankfurt/Main) more than 57 Korean large-scale enterprises have established branches or European headquarters here in the region.

In addition, 200 smaller companies offer various services and products. These include restaurants, transport firms, opticians and car repair shops. About 10,000 Koreans live in the Frankfurt/Rhine-Main region, forming Europe's largest Korean community. This vibrant business community is optimally linked to its homeland South Korea via the Frankfurt Airport hub and is served by both Korean carriers, Korean Air and Asiana Airlines (OZ), which both offer several passenger and cargo flights per week. Lufthansa (Asiana's Star Alliance partner) also offers frequent flights between FRA and ICN.

More information about Korean Air and Frankfurt Airport's CargoCity is available on the Internet at: www.koreanair.com and www.cargocity-frankfurt.de.