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Korean Air announced that some of its 737s and A300s would be given to Jin Air. In mid-2010, a co-marketing deal with games company Blizzard Entertainment sent a 747-400 and a 737-900 taking to the skies wrapped in StarCraft II branding. In August 2010, Korean Air announced heavy second-quarter losses despite record-high revenue. [29]
Some of the largest mergers of equals took place during the dot-com bubble of the late 1990s and in the year 2000: AOL and Time Warner (US$164 bil.), SmithKline Beecham and Glaxo Wellcome (US$75 bil.), Citicorp and Travelers Group (US$72 bil.). More recent examples this type of combinations are DuPont and Dow Chemical (US$62 bil.) and Praxair ...
In business, an MoU is typically a legally non-binding agreement between two (or more) parties, outlining terms and details of a mutual understanding or agreement, noting each party's requirements and responsibilities—but without establishing a formal, legally enforceable contract (though an MoU is often a first step towards the development of a formal contract).
Texas International Airlines Inc. was a United States local service carrier, known from 1940 until 1947 as Aviation Enterprises, [1] until 1969 as Trans-Texas Airways (TTA), and as Texas International Airlines until 1982, when it merged with Continental Airlines. It was headquartered near William P. Hobby Airport in Houston, Texas. [2]
U.S. President Joe Biden and South Korean President Yoon Suk Yeol, April 2023. Diplomatic relations between South Korea and the United States commenced in 1949. The United States helped establish the modern state of South Korea, officially the Republic of Korea, and fought on its UN-sponsored side in the Korean War (1950–1953).
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Texas A&M University at Galveston (TAMUG) is an ocean-oriented branch campus of Texas A&M University offering both undergraduate and graduate degrees. Students enrolled at Texas A&M University at Galveston, known affectionately as 'Sea Aggies', share the benefits of students attending Texas A&M University (TAMU) campus in College Station .
In January 2012, US Airways Group expressed interest [15] to take over American Airlines, followed by the AMR CEO stating, in March, that American was open to a merger with US Airways. [16] US Airways told some American Airlines creditors that merging the two carriers could yield more than $1.5 billion a year in added revenue and cost savings. [17]