Asiana Airlines cargo aircraft (Courtesy of Asiana) The proposed merger of South Korea’s two largest carriers, Korean Air Lines Co. and Asiana Airlines Inc., is intensifying competition among local bidders for Asiana’s cargo business.Four low-cost carriers – Jeju Air Co., Air
The proposed 1.8 trillion-won ($1.3 billion) merger between Korean Air Lines Co. and Asiana Airlines Inc. will offer a tailwind to South Korea’s low-cost carriers striving to increase long-haul flights and cargo services.T'way Air Co. is poised to take over Korean Air’s four golden
(Courtesy of Yonhap) Japan has finally given the nod to the merger between South Korea’s No. 1 full-service carrier Korean Air Lines Co. and No. 2 Asiana Airlines Inc. three years after the Korean airlines asked for the country’s permission, raising expectations for green lights fro
Asiana Airlines Inc. on Thursday decided to carve out its lucrative cargo business, clearing a major hurdle to its merger with bigger rival Korean Air Lines Co. pending approval from three more foreign antitrust bodies.Asiana said its board of directors approved a proposal to sell its cargo bu
Korean Air and Asiana Airlines aircraft at Incheon International Airport (File photo, courtesy of Yonhap) Europe's antitrust regulator has temporarily suspended its investigation into the proposed merger of Korean Air Lines Co. and Asiana Airlines Inc. as the country’s flagship carrier so
The US justice department has extensively reviewed the proposed Korean Air-Asiana merger Korean Air Lines Co. ’s acquisition of smaller domestic rival Asiana Airlines Inc. is poised to collapse after the US antitrust agency raised a hurdle to approval of the 1.8 trillion won ($1.4 billion