The Daily Memo While Korean Air is moving closer to gaining all the approvals it needs for its takeover of rival Asiana Airlines, the process is also spawning significant opportunities for other carriers thanks to competition remedies required by overseas regulators. After the European Commission (...
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...
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...
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 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...
Both Asiana and Korean Air are holding board meetings today to consider the sale of Asiana’s cargo arm, before a merger between the pair.
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 ...
Client(s)Korean Air Lines Co., Ltd Jones Day advised Korean Air Lines Co., Ltd in securing EU merger control clearance following the European Commission's in-depth investigation of its landmark acquisition of Asiana Airlines, Inc., bringing together the two largest air...
Air One is planning an expansion, hoping via a consortium to buy Air Belgium’s cargo ... Air Belgium Air One M&A Dec 10, 2024• 0 Comments• Share The Loadstar explains: How the EC approved the Korean Air-Asiana merger The European Commission’s decision to approve the merger of ...
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