Asiana takeover to cost Korean Air an additional $523 million?
Korean Air might need to spend an additional 600 billion won ($523 million) for its planned Asiana Airlines…
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Asiana Airlines
54 articles
Stay updated on news and developments related to Asiana Airlines, a major South Korean airline operating domestic and international flights.
Asiana raises $97 million from corporate bonds issue
Asiana Airlines raised W110 billion ($97 million) from the issuance of private corporate bonds. This is the first…
Asiana Airlines brand to disappear after merger with Korean Air
n a press briefing, the chief executive of Korean Air indicated that following the merger of Asiana Airlines…
Asiana Airlines narrows losses due to cargo business growth
On February 16, 2021, Seoul-based air carrier Asiana Airlines announced that it narrowed its 2020 operating and net…
Koeran Air to raise cash for Asiana takeover
The biggest South Korean airline Korean Air announced it would raise more money by selling its stock sales…
Korean Air submits report to antitrust regulators over Asiana takeover
On January 14, 2021, the South Korean Fair Trade Commission (FTC) and other foreign antitrust regulators received a…
No staff cuts after merge with Asiana, says Korean Air
The President of Korean Air reassured employees of the airline that after an ongoing takeover of Asiana Airlines,…
Seoul Court ignites green light in Asiana Airlines’ takeover
The flag carrier of South Korea, Korean Air, received the Seoul court’s approval for further actions in a…
South Korea to launch new type flights with “no-landing”
The government of South Korea initiated a new type of support for local air carriers. The Minister of…
Korean Air to become Asiana’s top shareholder
The flag carrier of South Korea, Korean Air, is set to spend $1.62 billion to become the top…
Korean Air to purchase Asiana Airlines?
Korean Air, the flag carrier of South Korea, seeks to purchase another Korean carrier Asiana Airlines in cooperation…
Asiana receives $2B injection from S. Korea after HDC deal fails
South Korea plans to inject $2 billion (2.4 trillion won) to Asiana Airlines after the carrier’s acquisition deal…
Back to normal? Airlines to relaunch Chinese operations
The air transport industry in China gradually steps towards normalization. 16.7 million passengers were transported by domestic carriers…
Lifeline to Korea’s 2nd biggest airline: Asiana finds buyers
Hyundai Development Company (HDC) and Mirae Asset Daewoo announced that the two sides entered an agreement with Kumho…
Asiana A380 engine catches fire at Seoul Incheon Airport [Video]
The engine of an Airbus A380 belonging to the South Korean carrier Asiana Airlines caught fire during refueling…
South Korea’s top court suspends Asiana route over crash landing
A five years-long court battle over the 2013 deadly crash landing of Asiana Airlines flight 214 in San…
South Korea’s activist fund KCGI mulls Asiana Airlines takeover
South Korea’s two largest carriers with, lately, not so shiny of a reputation, may now be joining forces.…
Two biggest South Korean airlines shaken by top ranks changes
The heads of South Korea’s two biggest airlines left their seats within a week, amid financial scandals. Chairman…