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...
Korean Air announced that the UK’s Competition and Markets Authority (CMA) had approved its planned business combination with Asiana Airlines on March 1, adding to the jurisdictions that have given their green light on the merger of the two South Korean airlines. 大韩航空宣布,英国竞争与市场管理...
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...
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...
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...
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...
Korean Air-Asiana Merger Could Yield Major Benefits For Smaller Carriers 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 spawn... A Schofield - 《Aviation Daily》 被引量: 0发表: 2024年 ...
The merger of Korean Air and Asiana Airlines, which has received the final go-ahead from the US regulatory authorities, will create huge opportunities for the Korean travel industry, said Bo Young Song, senior vice president, passenger business division, Korean Air. ...
Korean Air aims to conclude its merger with Asiana Airlines before the end of the year Korean Air has designated T’way Air as the remedy carrier for the European routes, committing to provide operational support, including aircraft, flight crew, and maintenance services. ...