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  2. Merger of Korean Air and Asiana Airlines - Wikipedia

    en.wikipedia.org/wiki/Merger_of_Korean_Air_and...

    The merger of Korean Air and Asiana Airlines was a policy announced by the Government of South Korea in November 2020, which resulted in Korean Air absorbing Asiana Airlines creating a dominant carrier in South Korea. [1] The merger was completed on December 12, 2024 following approval from fair-competition authorities globally. [2]

  3. Asian airline named world’s best for 2025 named by ... - AOL

    www.aol.com/news/asian-airline-named-world-best...

    The airline’s recent merger with Asiana Airlines — the largest consolidation in Asian aviation history — was also noted as a contributing factor to its place at the top.

  4. Asiana Airlines - Wikipedia

    en.wikipedia.org/wiki/Asiana_Airlines

    On 16 November 2020, the Government of the Republic of Korea announced a policy of merging Asiana Airlines with Korean Air, which would acquire a 30.77% stake in Asiana from Korea Development Bank. [33] The Korean state-run bank would invest 800 billion won (US$600 million) to Hanjin KAL, the holding company of Korean Air, to fund the merger. [33]

  5. Korean Air - Wikipedia

    en.wikipedia.org/wiki/Korean_Air

    In November 2020, it was announced that Korean Air would merge with competitor Asiana Airlines, but was switched to only acquire a major stake after the original merger plan was blocked by the United States Department of Justice for monopoly concerns, the acquisition was completed on December 12, 2024. [11] [12]

  6. Korean Air takes over at Asiana in $1.6 bln deal - AOL

    www.aol.com/news/korean-air-takes-over-asiana...

    Asiana shares closed almost 30% higher on Monday (November 16), while Korean Air was up over 12%. Korean Air Lines is taking charge at Asiana. It will invest about 1.6 billion dollars to become ...

  7. Air Seoul - Wikipedia

    en.wikipedia.org/wiki/Air_Seoul

    The goals of Air Seoul are to strengthen Asiana's competition with other South Korean LCCs and to improve Asiana's performance in certain markets, such as secondary Japanese cities. [1] [3] The airline was established on 7 April 2015. In June 2016, Air Seoul operated trial flights within South Korea. [4]

  8. Air Busan - Wikipedia

    en.wikipedia.org/wiki/Air_Busan

    In 2018, Air Busan applied for a preliminary screening for an initial public offering. [6] In 2021, Korean Air's Post Merger Instruction plan for Asiana Airlines was approved by the Korea Development Bank. It includes provisions to merge Air Busan with Korean Air's low cost carrier subsidiary, Jin Air. [7]

  9. What The Airlines' Merger Defense Means for You: Part 1 - AOL

    www.aol.com/news/2013-09-18-what-the-airlines...

    Last week, US Airways and American Airlines parent company AMR filed their response to the Department of Justice's complaint involving the proposed merger between the two carriers. Its 50 pages ...