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Korean Air, which was acquired by Hanjin Transportation in 1969, had a monopoly on the South Korean airline industry until the establishment of Asiana in 1988. [7] Asiana's formation did not come about as a policy initiative favoring liberalized market conditions, but rather because of pressure from other chaebols and interests that wanted to compete. [8]
Outside South Korea, the countries with the largest airports served by Asiana Airlines are China with 24, Japan with 9 and the United States with 10. [1] As of July 2020, Asiana Airlines operates between Incheon and 22 cities in China, and along with Korean Air is one of the two largest foreign airlines to operate in the People's Republic of ...
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]
Its monthly utilisation hours for passenger jets nearly doubled to 412 in 2023 from 2022, higher than Korean Air at 332 hours and Asiana Airlines at 304 hours, according to stock exchange filings.
A passenger on an Asiana Airlines flight told police he opened a door on the plane minutes before it landed in Daegu, South Korea, on Friday because he was "uncomfortable", Yonhap News Agency ...
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]