Korea Joongang Daily
Korea JoongAng Daily

Korean Air names new vice chairman in first post-merger reshuffle

Korean Air reshuffles its executive team, promoting Woo Kee-hong to vice chairman. The changes aim to support the merger with Asiana Airlines.

2025-01-15

Major M&A activity drops by 40% in 2024, industry data shows

Merger and acquisition (M&A) investments by major Korean businesses have plummeted by around 40 percent this year, industry data showed Wednesday.

2024-12-18

Now departing for a merged airline: What's next for Korean Air, Asiana

Korean Air has completed its acquisition of Asiana Airlines, with a few hurdles yet to clear before fully merging, including a complicated mileage integration issue.

2024-12-12

Government vows to 'minimize monopoly' of Korean Air-Asiana merger

The Korean government said it would work to “minimize the monopoly” resulting from a proposed merger between Korean Air and Asiana Airlines.

2024-12-11

Korean Air to finalize acquisition of controlling stake in Asiana Airlines

Korean Air plans to finalize its acquisition of a controlling stake in rival Asiana Airlines on Wednesday, completing the merger deal between Korea's leading carriers that has been sought over the past four years, according to company officials.

2024-12-11

Korean Air hits the throttle on Asiana acquisition to Dec. 11

Korean Air has moved up the closing date for its Asiana acquisition after getting the green light from the European Union.

2024-12-03

Asiana Airlines to end overhead bin assistance for passengers

Asiana Airlines flight attendants will no longer assist passengers in placing their luggage in overhead bins starting next month, following a change in the airline’s guidelines.

2024-12-03

How high Korean Air could fly with Asiana merger

Korean Air's merger with Asiana Airlines is on track to proceed without an external hitch, but internal issues including customer mileage integration and Asiana's financial woes, present hurdles.

2024-12-01

Korean Air-Asiana merger secures final EU approval

Korean Air's $1.1 billion takeover of Asiana Airlines received final EU approval, marking a significant merger in the aviation industry. The deal aims to create the world's seventh-largest airline.

2024-11-28

Korean Air-Asiana merger has 'fulfilled' conditions for EU approval

The EU is nearing final approval for the Korean Air-Asiana merger, contingent on evaluations of cargo business sales and past compliance with passenger route transfers.

2024-11-21