The airline Korean Air will invest 1.2 trillion Korean Won (630 million GBP at the current exchange rate) to build an Urban Air Mobility (UAM) and Aviation Safety Research and Development Centre in Bucheon, Gyeonggi Province, in order to create a new major hub for mobility and aerospace innovation in South Korea. On 30th April, Korean Air formalised the project through a signing ceremony with Bucheon’s City Council at the Bucheon Arts Centre. The event was attended by major shareholders…