Skift is here to help make sense of it all. Korean Air has completed its acquisition of Asiana Airlines, marking a significant merger in the aviation industry. The merger process faced delays ...
South Korea’s flag carrier Korean Air Lines has acquired a controlling stake in Asiana Airlines for about $1 billion, combining the country’s biggest and second-largest airlines. Korean Air ...
With the acquisition of a 63.88 percent stake, Korean Air said it had invested 1.5 trillion won in the merger, "making Asiana Airlines a subsidiary" of the company.
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