Economy class

Economy class, also called coach class, steerage, or standard class, (colloquially: Cattle class), is the lowest travel class of seating in air travel, rail travel, and sometimes ferry or maritime travel. Historically, this travel class has been called tourist class on ocean liners and third class, or even fourth class, on railways. In some contexts or languages it is (half jokingly) referred to as "wood class" because seats and carriages in the cheapest class were literally made from wood in the 19th and early 20th century. Another common term (both in rail travel and aviation) is "coach class".

Marine

Travel classes originated from a distinction between "cabin class" and "steerage" on sailing vessels in the 18th century. Cabin class, for wealthier passengers included small cabins and a shared dining room while "steerage" provided open decks with bunks often near the tackle to operate the steering rudder, usually in converted cargo space on the "between decks" area where passengers from poorer backgrounds cooked their own meals.

Korean Air

Korean Air Lines Co., Ltd. (Hangul: 대한항공; RR: Daehan Hanggong) (KRX: 003490), operating as Korean Air, is the largest airline in South Korea based on fleet size, international destinations and international flights. The airline's global headquarters are located in Seoul, South Korea.

Korean Air's international passenger division and related subsidiary cargo division together serve 127 cities in 44 countries, while its domestic division serves 12 destinations. It is among the top 20 airlines in the world in terms of passengers carried and is also the top-ranked international cargo airline. Incheon International Airport serves as Korean Air's international hub. Korean Air also maintains a satellite headquarters campus at Incheon.

Korean Air was originally founded as the Korean National Airlines in 1946. After several years of service and expansion, the airline was fully privatized in 1969 and commenced operations on the 1st of March 1969. The airline celebrated its 45th anniversary in 2014. The majority of Korean Air's pilots, ground staff, and flight attendants are based in Seoul.

Flight

Flight is the process by which an object moves, through an atmosphere (the air in the case of earth) or beyond it (as in the case of spaceflight) without direct support from any surface. This can be achieved by generating aerodynamic lift, propulsive thrust, aerostatically using buoyancy, or by ballistic movement.

Many things fly, from natural aviators such as birds, bats and insects to human inventions such as missiles, aircraft such as airplanes, helicopters and balloons, to rockets such as spacecraft.

The engineering aspects of flight are studied in aerospace engineering which is subdivided into aeronautics, the study of vehicles that travel through the air, and astronautics, the study of vehicles that travel through space, and in ballistics, the study of the flight of projectiles.

Types of flight

Buoyant flight

Humans have managed to construct lighter than air vehicles that raise off the ground and fly, due to their buoyancy in air.

An aerostat is a system that remains aloft primarily through the use of buoyancy to give an aircraft the same overall density as air. Aerostats include free balloons, airships, and moored balloons. An aerostat's main structural component is its envelope, a lightweight skin containing a lifting gas to provide buoyancy, to which other components are attached.

International airport

An international airport is an airport that offers customs and immigration facilities for passengers travelling between countries. International airports are typically larger than domestic airports and often feature longer runways and facilities to accommodate the heavier aircraft commonly used for international and intercontinental travel. International airports often also host domestic flights. Some, such as Frankfurt Airport in Germany are very large; others such as Fa'a'ā International Airport in Tahiti, are quite small.

Buildings, operations and management have become increasingly sophisticated since the mid 20th century, when international airports began to provide infrastructure for international civilian flights. Detailed technical standards have been developed to ensure safety and common coding systems implemented to provide global consistency. The physical structures that serve millions of individual passengers and flights are among the most complex and interconnected in the world. By the second decade of the 21st century, there were over 1,200 international airports and almost two billion international passengers along with 50 million metric tonnes of cargo were passing through them annually.

Economy

An economy (Greek οίκος-household and νέμoμαι - manage) is an area of the production, distribution or trade, and consumption of goods and services by different agents in a given geographical location. The economic agents can be individuals, businesses, organizations, or governments. Transactions occur when two parties agree to the value or price of the transacted good or service, commonly expressed in a certain currency.

Economic activity is spurred by production which uses natural resources, labor, and capital. It has changed over time due to technology (automation, accelerator of process, reduction of cost functions), innovation (new products, services, processes, new markets, expands markets, diversification of markets, niche markets, increases revenue functions) such as that which produces intellectual property and changes in industrial relations (child labor being replaced with universal access to education).

A given economy is the result of a set of processes that involves its culture, values, education, technological evolution, history, social organization, political structure and legal systems, as well as its geography, natural resource endowment, and ecology, as main factors. These factors give context, content, and set the conditions and parameters in which an economy functions.