Korean Air said that it would offer an early retirement program to its employees from Dec. 2-17 amid an industry downturn.
The airline will continue to provide welfare benefits, including scholarships for employees’ children and discounted airline tickets to those who apply for the program.
Employees aged over 40 who have worked for the airliner for over 10 years will be eligible for the program.
Company officials said it would aim to help its employees find new opportunities through the program until the end of this year.
About 200 employees applied for Korean Air’s annual voluntary retirement program since the company launched it in 2011.
