SEOUL (Reuters) - Asiana Airlines' creditors are working on a financial support plan for the debt-laden South Korean carrier that would target a sale of the airline and its two budget affiliates over ...

Korean Air has signed a “basic business sale agreement” with Air Incheon for the Asiana Airlines cargo business. The agreement follows June’s announcement that Air Incheon had been named as the ...

The antitrust regulator said Monday it has instructed the country's flag carrier Korean Air to revise its mileage integration ...

Four score and 7 years ago, Korean Air and Asiana Airlines planned to merge. After a drawn-out process, the final approval came in December 2024, announcing that Korean Air will acquire a 63.88% stake ...

More than four years after it was first proposed, the final destination for this ultra long-haul transaction appears in sight. What follows next could prove very interesting indeed. All eyes are on ...

Korean Air has reached an agreement with Air Incheon regarding the sale of Asiana’s cargo unit, which is expected to be split off after Korean takes over Asiana. On Aug. 7, Korean signed a basic sale ...

SEOUL, Sept 11 (Reuters) - Creditors plan to inject $2 billion into debt-ridden Asiana Airlines (020560.KS), opens new tab after a planned sale of South Korea's second-largest carrier collapsed, a ...

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 to ...

The Korea Fair Trade Commission (KFTC) announced on the 30th that it will gather public opinions for two weeks until the 13th of next month regarding Korean Air’s proposed mileage integration plan ...