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 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 ...

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 first expressing its ...

Korean Air completed its acquisition of a major stake in Asiana Airlines on Thursday, 12th December. The acquisition was finalised four years after Korean Air expressed its plan to acquire the ...

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 ...

Korean Air says the merger with Asiana will not spur any layoffs or workforce reductions. Credit: Newscom/Alamy Stock Photo Korean Air has finalized its acquisition of Asiana Airlines, allowing it ...

SEOUL, Dec 12 (Reuters) - South Korea will support smaller airlines and monitor market competitiveness after dominant carrier Korean Air (003490.KS), opens new tab completed a $1.3 billion ...

KOREAN AIR exercised options on six more A321neos; it ended Nov 2024 with 37 on order, plus another 14 for ASIANA. Did you know? Aviation Week has won top honors multiple times in the Jesse H.

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 ...

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 ...

With the acquisition of a 63.88 percent stake, Korean Air said it had invested 1.5 trillion won in the merger, "making Asiana Airlines a subsidiary" of the company.