The COVID-19 crisis is set to spark major consolidation in the South Korean airline industry, with Korean Air planning to purchase struggling rival Asiana Airlines. Korean Air said on Nov. 16 that its board has decided to buy Asiana for KRW1.8 trillion ($1.6 billion). State-owned Korea Development...
Subscription Required
Korean Air Plans To Acquire Asiana In $1.6B Deal is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password
Not a member? Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.