Korean LCC Air Incheon has applied for the U.S. approvals it needs to take over Asiana’s cargo routes to that country in ...

Air Incheon appointed Kim Kwan-sik as its new CEO, leveraging his financial expertise for the airline’s smooth and timely ...

Korean Air’s cash assets and low debt ratio will pave the way for its successful merger with Asiana Airlines despite ...

The Korean flag carrier deploys the Airbus A350 on a wide variety of routes from its hub at Seoul Incheon International ...

In a landmark transaction that positions the combined Korean Air-Asiana Airlines entity among the top 10 global carriers, AmLaw #56 firm O'Melveny & Myers played a pivotal role in navigating ...

Korean Air acquired a 63.88% stake in the country's second-largest airline, making it a subsidiary three years later than Asiana had initially anticipated. The enlarged Korean Air group could ...

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 ...

Korean Air 003490-0.42%decrease; red down pointing triangle Lines has acquired a controlling stake in Asiana 020560 0.19%increase; green up pointing triangle Airlines for about $1 billion ...

The crash of Jeju Air flight 7C2216 on Sunday marks the deadliest ever on South Korean soil and the worst involving a South ...

ADDS background South Korea's flag carrier Korean Air said Thursday it had bought a majority stake in rival Asiana Airlines for $1 billion, making it the effective owner four years after first ...

STORY: Korean Air said Thursday it has completed its long-drawn-out acquisition of local rival Asiana. That creates one of Asia’s biggest airlines. The $1.3 billion deal was first announced four ...

SEOUL (Reuters) -South Korea will support smaller airlines and monitor market competitiveness after dominant carrier Korean Air completed a $1.3 billion acquisition of Asiana Airlines on Thursday ...