Korean Air Lines has been challenged left and right as it tries to acquire Asiana Airlines, with angry major shareholders raising a litany of questions about the deal, which was first signed in November.
Korean Air Lines shareholders on Wednesday approved a revision to the company's articles of association to allow for an increase in the number of shares issued, a move necessary for the acquisition of Asiana Airlines.
According to Asiana Airlines, Russian-developed Sputnik V vaccines were delivered to Russia twice on Friday and then once on Tuesday. That makes Asiana the first airline to ship Covid-19 vaccines in a finished state overseas.
Becoming a flight attendant in Korea is extremely difficult. Now it’s well-nigh impossible.
Asiana Airlines on Wednesday cancelled the rest of its no-landing international flights scheduled for this month due to the resurgence of the Covid-19 outbreak.
In a move both practical and possibly highly symbolic, Korean Air can now check you through if you are later connecting to an onward Asiana flight.
Shareholders of troubled Asiana Airlines voted in favor of the company reducing its capital at an extraordinary meeting held Monday.
Korean Air Lines President Woo Kee-hong, right, sits down with members of the Korean Air Lines labor unions, including the head of the airline’s pilot union Choi Hyun, at the company headquarters in Gangseo District, western Seoul, on Wednesday.
Labor is skeptical about the no-layoffs promises being made in the complex acquisition of Asiana Airlines by Korean Air Lines, saying that the powers that be need to face reality.
A mega carrier with 28,000 employees will emerge intact and under one name from the Korean Air Lines purchase of Asiana Airlines, the CEO of the acquirer promised.