All Asiana Airlines articles
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NewsAsiana returns to profitability in 2021, as cargo lifts revenue
Asiana Airlines’ cargo business provided a significant boost to the carrier’s earnings, helping the carrier eke out a modest profit after a loss-making 2020.
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News
Asiana narrows operating profit, swings to net loss on foreign exchange losses
Significant foreign exchange losses, as well as other one-time costs, plunged Asiana Airlines to a net loss, with the airline narrowing its operating profit for the third quarter.
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News
Malaysia approves Korean Air-Asiana merger
Malaysian aviation regulators have cleared the merger between Korean Air and Asiana Airlines, becoming the latest in a growing list of regulators around the world to grant approval.
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Analysis
Korean Air bucks industry trends
If you want to cite an airline that has been particularly good at bucking industry trends during the Covid-19 crisis, it is difficult to look beyond Korean Air.
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News
Malaysia proposes to approve Korean Air-Asiana merger
Malaysia’s aviation regulators have proposed to approve the merger between Korean Air and Asiana Airlines, noting that the move “would not infringe” local laws.
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News
Korean Air on track for Asiana acquisition
Korean Air has cleared another milestone in its acquisition of Asiana Airlines, with state-backed Korea Development Bank (KDB) approving the carriers’ integration plan.
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In depth
What future does the A380 have in a post-pandemic travel world?
Already a luxury of debatable value to many operators before the crisis, the A380 appears even less well-suited to a market featuring depressed travel demand and a focus on cargo
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News
Korean Air outlines big task of Asiana integration
Korean Air president Woo Keehong has outlined the gargantuan task of integrating Asiana Airlines, in addition to getting regulatory approvals for the deal.
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News
Korean Air floats 2024 for finalisation of Asiana acquisition
Korean Air estimates that “all aspects” of its acquisition of Asiana Airlines will be finalised by 2024, as the flag carrier has “readjusted” its timeline for international regulatory approvals.
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News
Restructuring Thai Airways and Asiana offload non-core subsidiaries
Thai Airways International and Asiana Airlines, both undergoing restructuring, have disclosed details about selling off non-core subsidiaries.
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News
Korean Air moves closer towards Asiana acquisition
Korean Air has gained approval from its shareholders to amend its articles of association to help finance its planned acquisition of compatriot Asiana Airlines, moving the carrier a step closer to taking over its rival.
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News
Asiana appoints new chief in ‘significant’ reshuffle ahead of acquisition
Asiana Airlines has reshuffled its senior leadership team in a move to “revitalise” the carrier, which will see a new chief executive appointed and seven positions cut.
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News
Korean Air to present Asiana ‘integration plan’ in March
Korean Air will prepare an “integration plan” by March relating to its acquisition of embattled rival Asiana Airlines, as it vows not to cut any jobs following the consolidation of the two carriers.
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News
Court dismisses injunction to block Korean Air’s Asiana acquisition
Korean Air’s multi-billion dollar bid to take over rival Asiana Airlines cleared a critical legal hurdle, after a Seoul district court dismissed an attempt to block the acquisition.
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News
Korean Air-Asiana consolidation faces regulatory, legal hurdles
Korean Air’s proposed acquisition of rival Asiana Airlines could require the green light from regulators in at least four countries, adding to a growing list of hurdles which includes an ongoing legal battle to block the deal.
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Analysis
Is Korean acquisition of Asiana bellwether for wider consolidation in Asia?
As the dust settles on the proposed Korean Air acquisition of its embattled rival Asiana Airlines, questions begin to emerge about what the future merged carrier will look like and whether this is the start of many other pandemic-driven mergers and acquisitions to come?
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News
Korean Air to take over rival Asiana
In a major shake-up of the country’s airline industry, the owner of South Korea’s flag carrier Korean Air has announced a W1.8 trillion ($1.62 billion) takeover bid for embattled rival Asiana Airlines.
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News
Asiana executives take voluntary pay cut to ride out crisis
Senior executives at South Korea’s Asiana Airlines have offered to take a pay cut to help the company through a rough patch.
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News
A350 engine shutdown incidents linked to cockpit drink spills
Airbus and Rolls-Royce are investigating two incidents in which A350s experienced uncommanded in-flight engine shutdown after drinks were spilled on controls situated on the cockpit centre pedestal. FlightGlobal understands that the airframer is to discuss the matter with operators on 30 January, and will issue a transmission on recommended ...
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News
Hyundai-led acquisition of Asiana Airlines closes
Asiana Airlines will soon change hands, after a consortium formed by Hyundai Development (HDC) and Mirae Asset Daewoo committed to a W2.5 trillion ($2.2 billion) deal.
