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  News - 2002 1st Quarter
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A Holiday Message


Dear Asiana Club Members,
I would like to extend my best wishes for the New Year and express my sincere thanks to all of you who have made Asiana your airline of choice.

As I look back on my first year as President, it has been a time of exceptional challenge for all of us in the airline industry. Last winter we faced some of the worst snowstorms in the history of Korean aviation. We moved out Korea hub operation from Kimpo to the new International Airport at Incheon, literally overnight. The Korean airline industry endured a nationwide strike. The country's aviation rating was downgraded by the US FAA. And our lives were forever changed by the horrific events of September 11 in the United States.

But in spite of the challenging environment, we have emerged with a new sense of resolve to overcome even the greatest of adversities-together as a company, as a nation and as a global community. I am proud of our accomplishments under these trying times and look forward to what I believe will be a most exciting 2002.

The climate looking forward, holds exceptional promise. The Korean economy is recovering at a much faster pace than most of its' global counterparts. The post IMF restructuring has positioned Korean industry, including Asian, as a mush stronger and healthier competitor. The Korean Government has recovered its Category I, top rating from the US FAA in record short time. Our new home at Incheon International Airport is the best in the world. The 2002 World Cup will bring millions of new visitors and the eyes of the world to Korea. And Asiana's route strength in China and Japan, will enable us to achieve what promises to be the highest and most profitable growth in some of the world's largest markets.

As we spread our wings to take advantage of these exciting opportunities, you can look forward to expanded routes, new global relationships with the world's leading airlines, additional Asiana Club partners, new aircraft and our commitment to ever improving customer service.

We sincerely appreciate your support during this past year and look forward to sharing these bright prospects for the future. I would like to wish you the best of health and happiness in the New Year and thank you for flying with us.

Sincerely yours

Chan Bup Park
President & C.O.O.
Asiana Airlines

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