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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]
South Korea, [c] officially the Republic of Korea (ROK), [d] is a country in East Asia. It constitutes the southern half of the Korean Peninsula and borders North Korea along the Korean Demilitarized Zone , with the Yellow Sea to the west and the Sea of Japan to the east.
Korea [b] is a peninsular region in East Asia consisting of the Korean Peninsula, [c] Jeju Island, and smaller islands.Since the end of World War II in 1945, it has been politically divided at or near the 38th parallel between North Korea (Democratic People's Republic of Korea; DPRK) and South Korea (Republic of Korea; ROK).
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Korean Air Lines Co., Ltd. (KAL; Korean: 주식회사 대한항공; RR: Jusikhoesa Daehan Hanggong, lit. ' Joint stock company [of] great Korean aviation ') is the flag carrier of South Korea and its largest airline based on fleet size, international destinations, and international flights.
To the northwest, the Yalu River separates Korea from China and to the northeast, the Tumen River separates Korea from China and Russia. The Yellow Sea lies to the west, the East China Sea and Korea Strait to the south, and the Sea of Japan (East Sea) to the east. [1] Notable islands include Jeju, Ulleung, and the Liancourt Rocks.
The United Nations intervened to protect the South, sending a US-led force. As it occupied the south, the Democratic People's Republic of Korea attempted to unify Korea under its regime, initiating the nationalisation of industry, land reform, and the restoration of the People's Committees. [64] U.S. planes bombing Wonsan, North Korea, 1951
Korea dealt with a pair of Japanese invasions from 1592 to 1598 (Imjin War or the Seven Years' War). Prior to the war, Korea sent two ambassadors to scout for signs of Japan's intentions of invading Korea. However, they came back with two different reports, and while the politicians split into sides, few proactive measures were taken.