Korean Air Finalizes Asiana Merger: Everything You Need to Know
Dec 12, 2024 · One of the most drawn-out airline acquisitions in aviation history has concluded. On Thursday, Korean Air confirmed it has taken a majority stake in local rival Asiana Airlines. …
Now departing for a merged airline: What's next for Korean Air, Asiana
Dec 12, 2024 · Korean Air acquired 64 percent of Asiana Airlines Thursday, subsuming it as a subsidiary to finally conclude the four-year-long takeover deal between the country's two …
U.S. to give final approval on Asiana merger: Korean Air president
May 20, 2024 · Korean Air Lines' president remains positive regarding the company's takeover of Asiana Airlines, which is currently waiting for its last approval from the United States.
Korean Air & Asiana Merger: What's The Latest? - Simple Flying
Jan 28, 2024 · The South Korean airline merger of Asiana Airlines and Korean Air is presumed to win the European Union antitrust approval, which will support Korean Air's plan to purchase …
(LEAD) Korean Air completes Asiana takeover, integrating it as ...
Dec 12, 2024 · Korean Air spent 1.5 trillion won (US$1.04 billion) to acquire 131.57 million new shares issued by Asiana to take over the country's second-largest full service carrier in the 1.8 …
Korean Air completes Asiana takeover to form one of Asia's …
Dec 12, 2024 · Korean Air has completed its protracted purchase of indebted South Korean rival Asiana Airlines, the airline said on Thursday (Dec 12), a major step towards forming one of …
South Korea to safeguard competition after Korean Air, Asiana …
Dec 12, 2024 · SEOUL (Reuters) -South Korea will support smaller airlines and monitor market competitiveness after dominant carrier Korean Air completed a $1.3 billion acquisition of …
(News Focus) Korean Air, Asiana one step away from forming …
SEOUL, Feb. 13 (Yonhap) -- Korean Air Co. and Asiana Airlines Inc. have now entered the final stretch of sealing their proposed merger after winning approval by the European Union of the …
Korean Air inches closer to acquisition of Asiana with EU approval
Feb 14, 2024 · The European Union's conditional approval of Korean Air's proposed acquisition of Asiana Airlines has left Korea's two largest carriers with the final step of getting the nod from …
Korean Air targets completion of Asiana acquisition in 2024
Jan 2, 2024 · Days later, Asiana greenlit the divestment of its cargo division, paving the way for regulatory approvals, and setting the acquisition process back on track. In his New Year’s …