The CMA also found that the merger raises competition concerns in the supply of air cargo services. The CMA found that Korean Air and Asiana Airlines are the two main suppliers of direct cargo services between the UK an...
Some of the national authorities have exacted a high price to assuage their concerns regarding effects on competition. However, the deal is still very attractive for Korean Air, and will vault it into the top tier of global airlines.ADRIAN SCHOFIELDAviation daily...
Trade unions at Asiana Airlines yesterday lodged objections to the merger with Korean Air Lines (KAL). The opposition comes more than a week after Air Incheon was chosen to acquire Asiana’s cargo arm, a condition of the merger deal.. Asiana’s pilots’ union and a union of office employee...
Asiana and Korean Air are holding board meetings today to consider the sale of Asiana’s cargo arm, before a merger of the pair. The European Commission requested remedies to address anti-competitive concerns, which could be fulfilled by the sale of the cargo operations. Korean Air (KAL) must...
Asiana also partners with Qatar Airways, Etihad Airways and Air Astana, although in some cases only long-haul flights to and from Seoul are included in that arrangement. As the merger with Korean Air goes forward, you can expect Asiana to be folded into the airline’s SKYPASS loyalty program...
T’way Air is targeting air freight, becoming the first low-cost carrier to react to Korean Air’s takeover of Asiana Airlines.
The crash came after the completion of Korean Air’s acquisition of a majority stake in Asiana Airlines last month. The merger — a $1.05 billion deal agreed upon four years ago — will eventually create a single national carrier. As part of that deal, three budget carriers operated by the...
1.7 大韩航空拟收购 | Proposed acquisition by Korean Air Main article: Proposed merger of Korean Air and Asiana Airlines【主条目:大韩航空与韩亚航空拟议合并】 On 16 November 2020, the Government of the Republic of Korea announced a policy of merging Asiana Airlines with Korean Air, which would ...
South Korea’s second-largest airline Asiana Airlines said yes to selling its cargo business to pave the way for a merger with Korean Air Lines
Korean Air has cleared a key hurdle to closing its proposed acquisition of Asiana Airlines after the European Commission gave its conditional approval on Feb. 13. With the EC decision, and similar clearance from Japan on Jan. 31, Korean Air now only has U.S. approval pending. The merger ha...