Korean Air-Asiana Merger Postponed Until 2024 Over Regulatory Concerns, Asiana Brand To Disappear

Written by Sebastian Powell @ LoyaltyLobby

Hanjin Group owned Korean Air announced in November that they’ll buy their rival carrier Asiana for 1.8 trillion won ($1.62 billion), a deal that will make the duo the worlds 10th largest airline but the merger completion has now been postponed to 2024 due to regulatory concerns. Asiana which is majority owned by Kumho Industrial […]

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