Asiana Airlines is offering new flights to nowhere with destination themes like Spain, Australia and Taiwan.
A consortium that includes Hanjin KAL's largest shareholders and controls more that 40 percent of the company has called it a day, the group no longer coordinating to effect a boardroom coup.
In 2024, Korea will have a single full-service carrier, one Korean Air Lines.
Korean Air Lines on Wednesday submitted a post-merger integration plan to the Korea Development Bank (KDB) for its acquisition of Asiana Airlines.
Korean Air Lines has received orders for more shares than it made available in a recent offering.
Hanjin Group Chairman Cho Won-tae told Korean Air Lines employees to put their best efforts into the carrier’s acquisition of Asiana Airlines in a message delivered to celebrate the airline’s 52nd anniversary on Tuesday.
Boeing 777s are grounded on the tarmac at Gimpo International Airport on Tuesday.
Korea's two biggest carriers — Korean Air Lines and Asiana Airlines — said Monday they will ground all Boeing 777 passenger jets following a recent engine failure incident in the United States.
Asiana Airlines continued to report losses last year as revenue shrunk 40 percent.
Korean Air Lines received approval from Turkey to acquire Asiana Airlines.