Asiana, Korean Air
Airways · 2d
European Union Approves Korean Air-Asiana Merger
The European Union approved Korean Air’s (KE) US$1.1 billion takeover of Asiana Airlines (OZ), merging Korea’s two full-fledged carriers. This clears regulatory hurdles for the four-year deal, creating the world’s seventh-largest carrier.
The Korea Herald · 2d
Korean Air gets European nod to become Northeast Asia’s largest airline
Korean Air’s 1.8 trillion won ($1.4 billion) merger with its smaller rival Asiana Airlines has secured approval from Europe’s antitrust regulator, bringing Korea’s flag carrier one step closer to becoming the largest airline in Northeast Asia.
Aviation Week · 2d
Korean Air Gains EU Sign Off For Asiana Takeover
European Union regulators have confirmed that Korean Air has sufficiently addressed competition concerns related to the carrier’s proposed takeover of Asiana Airlines. The European Commission has officially concluded its review of the merger, which is the final approval step in this jurisdiction...
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