All Asiana Airlines articles
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News
Korean Air eyes December completion for Asiana merger after securing full EC approval
SkyTeam carrier Korean Air hopes to complete its drawn out acquisition of Asiana Airlines in December after satisfying remedies laid out to secure European Commission approval for the deal.
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Korean Air puts Air Incheon in pole position for Asiana freighter business
Korean Air expects to sign a framework agreement with Air Incheon next month after picking the cargo carrier as preferred bidder for Asiana Airlines’ global freighter business.
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Korean Air secures conditional European approval for Asiana acquisition
European competition regulators have conditionally cleared Korean Air’s proposed acquisition of compatriot carrier Asiana Airlines.
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Airline Business
Regulators in no mood to wave through airline M&A activity
While it quickly became apparent that January 2024 would be remembered as an inauspicious start to the year for airline safety, from the mid-point of the month onwards it was clear that the same would be said regarding consolidation.
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News
Asiana passenger reportedly opens A321 emergency exit during approach to Daegu
One of Asiana Airlines’ Airbus A321s has apparently been involved in an in-flight incident during which a passenger exit door was opened just prior to touchdown at Daegu. Video images circulating on social media show passengers seated next to the open exit being subjected to strong airstreams. Korean media reports ...
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Russian airspace condition attached to Virgin’s entry on Korean route
Virgin Atlantic’s entry on the London Heathrow-Seoul route, a remedy for the Korean Air-Asiana merger, is itself conditional on the opening of Russian airspace. The carrier is being granted access to the route, with support from Korean Air, as part of a framework agreement to obtain UK competition clearance for ...
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UK authority clears Korean Air-Asiana merger based on Virgin access to Seoul
Korean Air has secured UK competition approval for its proposed merger with fellow Korean operator Asiana, based on its supporting Virgin Atlantic’s access to the London-Seoul route. The UK’s Competition and Markets Authority says that undertakings given by Korean Air are “appropriate” to remedy or mitigate a lessening of competition ...
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Korean Air-Asiana competition investigation focuses on four Seoul-EU routes
Korean Air’s proposed merger with Asiana is to be scrutinised by European Union regulators concerned that the tie-up will reduce or eliminate competition on Korean-European routes. The European Commission is opening an in-depth investigation which will focus on four particular connections from Seoul. Korean Air and Asiana both operate to ...
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Airline Business
How supply-demand crunch has given A380 a fresh lease of life
After initially looking as though the pandemic was going to bring an unceremonious end to several carriers’ Airbus A380 operations, a capacity shortage means the ultra-large jet will be flying far more widely this summer than previously expected
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Korean Air offers Virgin route access in return for Asiana tie-up approval
Korean Air is offering to ease entry for the UK’s Virgin Atlantic on specific routes in order to remedy competition concerns over its merger with Asiana. Virgin Atlantic is in line to join the SkyTeam alliance, of which Korean Air is already a member. The UK Competition and Markets Authority ...
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News
UK regulator flags competition concerns over Asiana-Korean Air merger
UK competition regulators have given merging carriers Asiana Airlines and Korean Air until 21 November to submit proposals to address concerns it has raised around the impact of their tie-up on the London-Seoul route.
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News
Asiana returns sole 747-400 to passenger service in China ramp-up
Asiana Airlines is to resume operating its sole Boeing 747-400 – Asia-Pacific’s last in-service example – as it ups capacity on its China network.
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Airline Business
A380s return amid strong travel demand and aircraft delivery delays
When Air France accelerated the retirement of its Airbus A380s in the early weeks of the pandemic, questions were being asked about the sumperjumbo’s future at many other operators. So far, however, the pandemic recovery is showing that the type still has a role to play at some carriers – ...
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News
Korean Air eyes key Asiana merger approvals by year-end
Korean Air chief executive Walter Cho is hopeful of securing the necessary approvals from the US and European Union competition regulators for its merger with Asiana by the end of this year.
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News
Asiana returns to profitability in 2021, as cargo lifts revenue
Asiana Airlines’ cargo business provided a significant boost to the carrier’s earnings, helping the carrier eke out a modest profit after a loss-making 2020.
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News
Asiana narrows operating profit, swings to net loss on foreign exchange losses
Significant foreign exchange losses, as well as other one-time costs, plunged Asiana Airlines to a net loss, with the airline narrowing its operating profit for the third quarter.
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News
Malaysia approves Korean Air-Asiana merger
Malaysian aviation regulators have cleared the merger between Korean Air and Asiana Airlines, becoming the latest in a growing list of regulators around the world to grant approval.
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Airline Business
Korean Air bucks industry trends
If you want to cite an airline that has been particularly good at bucking industry trends during the Covid-19 crisis, it is difficult to look beyond Korean Air.
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News
Malaysia proposes to approve Korean Air-Asiana merger
Malaysia’s aviation regulators have proposed to approve the merger between Korean Air and Asiana Airlines, noting that the move “would not infringe” local laws.
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Korean Air on track for Asiana acquisition
Korean Air has cleared another milestone in its acquisition of Asiana Airlines, with state-backed Korea Development Bank (KDB) approving the carriers’ integration plan.