All Asiana Airlines articles – Page 2
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NewsKorean 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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NewsRestructuring 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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NewsKorean 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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NewsAsiana 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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NewsKorean 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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NewsCourt 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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NewsKorean 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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AnalysisIs 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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NewsKorean 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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NewsAsiana 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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NewsA350 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 practices ...
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NewsHyundai-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.
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NewsKumho’s sale of Asiana stake delayed
Kumho Industrial’s sale of its 31% stake in Asiana Airlines appears to have been delayed. Last month, Kumho awarded the Hyundai Development-Mirae Asset Daewoo consortium the exclusive right to negotiate until 12 December. However, Maeil Business News Korea is reporting that the parties have agreed to postpone the initial schedule ...
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South Korea signs open-skies agreements with Singapore and Brunei
South Korea has signed an open-skies agreement with Brunei Darussalam and Singapore, allowing an unlimited number of flights to be operated between the respective countries.
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OpinionK-pop safety video signals change at Korean Air
Korean Air is showing off some new K-pop moves in its new safety video and wants its customers to sit up and pay attention.
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Kumho selects Hyundai Development consortium for Asiana stake
Kumho Industrial has selected the Hyundai Development-Mirae Asset Daewoo consortium as the preferred bidder for its 31% stake in Asiana Airlines.
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Kumho set to announce Asiana buyer
Kumho Industrial expects to announce the buyer of its 31.05% stake in Asiana Airlines soon.
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Asiana, Air Busan and Eastar Jet expand Taiwan links
Asiana Airlines, Air Busan and Eastar Jet will add a number of flights from Seoul Incheon to Taiwan, albeit largely outside of Taipei.
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Asiana to fly seasonally to Lisbon, Cairo and Melbourne
Asiana Airlines is launching three new routes from Seoul Incheon to Lisbon, Cairo, and Melbourne over the winter season.
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Three bids reportedly received for Kumho's stake in Asiana
Media reports indicate that three companies have submitted bids to buy Kumho Industrial's 31% stake in Asiana Airlines.