South Korea’s flag carrier Korean Air Lines has acquired a controlling stake in Asiana Airlines, combining the country’s ...

Surprisingly, American Airlines operates just one route to South Korea, connecting Seoul Incheon International Airport (ICN) ...

Korean Air’s ambition to acquire the debt-laden Asiana Airlines was first announced in November 2020. Asiana Airlines, ...

Korean Airlines acquires Asiana Airlines as U.S. regulators grants approval after 4 years, making this the longest M&A deal on record.

Korean Air has finally closed its acquisition of Asiana Airlines after acquiring a 63.88% ownership stake and making Asiana ...

Photo Credit: Thiago B Trvisan/Shutterstock Korean Airlines has completed its acquisition of Asiana, South Korea's ...

Seoul, South Korea — South Korea’s flag carrier Korean Air said Thursday it had bought a majority stake in rival Asiana Airlines for $1 billion, making it the effective owner four years after ...

Air Incheon appointed Kim Kwan-sik as its new CEO, leveraging his financial expertise for the airline’s smooth and timely acquisition of Asiana Airlines’ cargo business, industry officials ...

Asiana Airlines is accelerating its efforts to improve its financial structure by repaying 1.1 trillion won in policy funds.

In a boost for state-wide tourism and trade, non-stop flights from South Korea to Melbourne Airport will again be available this summer on Asiana ...

SEOUL(Reuters) -- Korean Air has completed its protracted purchase of indebted South Korean rival Asiana Airlines ... unveiled four years ago by South Korea's largest carrier to rescue Asiana ...

The 1.8 trillion won (US$1.3 billion) deal, the longest-ever merger to complete between airlines, was first announced four years ago by South Korea’s largest carrier to rescue debt-laden Asiana ...