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Korean Air Acquires 63.88% Stake in Asiana Airlines

Korean Air has completed its acquisition of Asiana Airlines, four years after announcing its decision on November 16, 2020. On Dec. 12, Korean Air acquired 131,578,947 newly issued shares of Asiana Airlines, representing a 63.88% ownership stake and making Asiana Airlines a subsidiary of Korean…

December 17th, 2024
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December 10th, 2024.

IATA’s Turbulence Aware Platform Expands

Interest in the International Air Transport Association's Turbulence Aware…

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February 13th, 2024.

Korean Air Gets EC Approval…

Korean Air, South Korea's flag carrier, announced in Seoul…

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February 1st, 2024.

Korean Air Gets Japan’s Approval…

The Japan Fair Trade Commission (JFTC) approved a business…

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Carriers Ground Some Boeing 777 Jets after Engine…

Dozens of Boeing 777 aircraft in the United States, South…

Korean Air to Acquire Struggling Asiana Airlines

In a move intended to stabilize the Korean aviation industry…

Lufthansa Technik Inks TCS Deal with Asiana Airlines

Lufthansa Technik will provide Total Component Support  for the entire…

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