It has been just over four years since Korean Air announced its intent to takeover fellow Korean carrier, Asiana Airlines. It has taken those intervening four years to secure all the regulatory ...
South Korea’s flag carrier Korean Air Lines has acquired a controlling stake in Asiana Airlines for about $1 billion, combining the country’s biggest and second-largest airlines. Korean Air ...
SEOUL-South Korean flag carrier, Korean Air (KE) is making significant changes to its international flights currently served by the Airbus A380 fleet from March 25, 2025, i.e. the upcoming summer of ...
Skift is here to help make sense of it all. Korean Air has completed its acquisition of Asiana Airlines, marking a significant merger in the aviation industry. The merger process faced delays ...
Seoul, South Korea — South Korea’s flag carrier Korean Air said Thursday it had bought a majority stake in rival Asiana Airlines for $1 billion, making it the effective owner four years after ...
Korean Air has completed the acquisition of compatriot Asiana Airlines, after successfully netting a 63.88% ownership stake in the latter. The announcement comes as Korean Air made a final payment ...
SEOUL (Reuters) -Korean Air said on Thursday it had completed its protracted purchase of South Korean rival Asiana Airlines, making it one of Asia's biggest carriers. The 1.8 trillion won ($1.3 ...
The Asiana brand will continue to fly while Korean Air works toward completing the integration of the two airlines. Photo Credit: Thiago B Trvisan/Shutterstock Korean Airlines has completed its ...
SEOUL (Reuters) -South Korea will support smaller airlines and monitor market competitiveness after dominant carrier Korean Air completed a $1.3 billion acquisition of Asiana Airlines on Thursday ...
Korean Air has finalized the acquisition of a majority stake in Asiana Airlines, completing a deal initially commenced in November 2020, Korean announced Thursday. Asiana now will be a subsidiary of ...
SEOUL(Reuters) -- Korean Air has completed its protracted purchase of indebted South Korean rival Asiana Airlines, the airline said on Thursday, a major step towards forming one of Asia's biggest ...