EU Commission Approves Korean Air-Asiana Merger; Air Incheon to Acquire Asiana’s Cargo Division

Reporter Kim SangJin / approved : 2024-12-02 06:36:09
  • -
  • +
  • 인쇄

Photo = Asiana Airlines

 

[Alpha Biz= Reporter Kim Sangjin] The European Union (EU) Commission has granted final approval for the merger between Korean Air and Asiana Airlines, officially paving the way for Air Incheon to acquire Asiana Airlines' cargo business.


According to the aviation industry on the 29th, Air Incheon is expediting the final steps, including securing overseas permits and related investments, to achieve integrated operations by July 1 next year.

Through this acquisition and integration, Air Incheon plans to absorb Asiana Airlines’ global cargo network and expand its reach across key markets in the Americas, Europe, and Asia. The company aims to transform into a leading global cargo airline, offering comprehensive cargo transportation services.

Additionally, the integration seeks to maximize operational efficiency between the two companies, enhance the competitiveness of logistics solutions, and establish a sustainable transport model through eco-friendly operations and advanced logistics technology.

 

 

Alphabiz Reporter Kim SangJin(letyou@alphabiz.co.kr)

주요기사

Korea Investment & Securities Tops List of Regulatory Breaches Since 20202025.09.09
Ant Group’s Stake Sale Sparks Concerns Over Kakao Pay Stock Volatility2025.09.09
Former Dayou Winia Chairman Released on Bail After Conviction for Unpaid Wages2025.09.09
Korea Fair Trade Commission Sanctions Game Operators for Misleading Consumers on Randomized Items2025.09.09
Korea Fair Trade Commission Launches Probe Into Alleged Self-Dealing by Eugene Group, Largest Shareholder of YTN2025.09.09
뉴스댓글 >