South Korean airlines collectively controlled 70% of international seats, with foreign carriers occupying the remaining 30%. SEOUL-South Korea is among the top 10 largest aviation markets in the world ...
Malaysia Airlines’ new long-range business class takes to the skies this month on board the first of 20 Airbus A330neo aircraft, and travellers between Melbourne and Kuala Lumpur will be among the ...
Seoul, South Korea — South Korea’s flag carrier Korean Air said Thursday it had bought a majority stake in rival Asiana Airlines for ... $13.7 billion deal with Airbus to purchase 33 A350 ...
The struggling carrier will compete with just one airline to Madrid: Spanish flag carrier Iberia. Both will fly an Airbus A321neo family jet on the route, meaning travelers can expect a smaller ...
South Korea's flag carrier Korean Air said Thursday it had bought a majority stake in rival Asiana Airlines for $1 billion ... Korean Air said in March it would sign a $13.7 billion deal with Airbus ...
Asiana Airlines’ Airbus 321neo aircraft /Courtesy of Asiana Airlines This is the first step in significantly improving Asiana Airlines' financial structure through its merger with Korean Air.
SEOUL ― South Korea's flag carrier Korean Air said on Thursday it had bought a majority stake in rival Asiana Airlines for $1 billion, making it the effective owner four years after first expressing ...
SOUTH Korea will support smaller airlines and monitor market competitiveness after dominant carrier Korean Air completed a 1.8 trillion won (S$1.7 billion) acquisition of Asiana Airlines on Thursday ...
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 ...
set to become South Korea's second-biggest freight carrier once a deal to buy Asiana Airlines' cargo unit is finalised, will consider both Boeing and Airbus freighters to refresh the widebody ...