Korean Air acquired a 63.88% stake in the country's second-largest airline, making it a subsidiary three years later than Asiana had initially anticipated. The enlarged Korean Air group could ...

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 ...

Korean Air appears close to finally gaining all the clearances it needs for its takeover of Asiana Airlines, which would signal the end of a four-year journey through a regulatory maze involving ...

Jeju Air ranks only behind Korean Air Lines and Asiana Airlines in terms of the number of passengers in South Korea. The previous most deadly air accident in South Korea was in 2002, when a Boeing ...

Concessions required for regulatory approval include selling Asiana's cargo unit and addressing overlapping routes between Europe and South Korea. The merger could impact international airline ...

Troops of Nigeria military neutralised 212 terrorists, apprehended 317 suspects and rescued 152 hostages across the country in the last one week. The Director Defence Media Operations, Maj.- ...

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 first expressing its takeover ...

The crash of the Boeing 737-800 at Muan International Airport is the first fatal accident involving the country's biggest budget airline, which was founded in 2005. Jeju Air ranks only behind Korean ...

Korean Air said on Thursday it had completed its protracted purchase of South Korean rival Asiana Airlines, making it one of ...