EU Conditionally Approves Korean Air and Asiana Airlines Business Combination With Sale of Cargo Business Pending
[비즈니스포스트] The European Union (EU) conditionally approved the business combination of Korean Air and Asiana Airlines. According to the aviation industry on the 13th, the European Commission, the competition authority of the European Union, provisionally approved the business combination of Korean Air and Asiana Airlines, subject to the implementation of regulations. ▲ The European Union […]
Korean Air Receives Approval for Asiana Airlines Merger from Japanese Competition Authorities
On the 31st, Korean Air received approval for the business combination, the merger and acquisition of Asiana Airlines, from the Japanese competition authorities. As a result, only the United States and the European Union (EU) remain among the 14 countries that require approval for a business combination. On the 14th of this month, a Korean […]
Korean Air Nears Completion of Asiana Airlines Merger with Japanese Approval
[비즈니스포스트] Korean Air is one step closer to completing the merger and acquisition of Asiana Airlines. According to Korean Air on the 31st, the Japan Fair Trade Commission (JFTC) approved the business combination regarding the merger of Korean Air and the acquisition of Asiana Airlines. ▲ Japanese competition authorities have ruled that Korean Air and […]
Reuters EU expected to approve Korean Air’s acquisition of Asiana Airlines
[사진=로이터·연합뉴스] Reuters reported on the 12th (local time), citing two officials familiar with the matter, that the European Union (EU) is expected to approve Korean Air’s acquisition of Asiana Airlines. This is due to the EU’s positive evaluation of measures proposed by Korean Air, such as the sale of Asiana Airlines’ cargo division and the […]
Harim Holdings’ Plan to Secure Funds and Maintain Control of Pan Ocean
[비즈니스포스트] Harim Holdings is raising money to retain control of Pan Ocean. Pan Ocean is likely to hold a large-scale paid-up capital increase to raise funds for the 6.4 trillion won from HMM. However, Harim Holdings’ cash reserves are not sufficient to maintain control of Pan Ocean after the capital increase. ▲ It is expected […]
The Battle for Asiana Airlines’ Cargo Division: Can the Price Gap Be Closed?
Title: Asiana Airlines Makes Headlines Amidst Sale of Cargo Division Industry Interest Grows as Asiana Airlines Plans to Sell Cargo Division by Kim Jin-bae, Correspondent Asiana Airlines has recently confirmed its decision to sell its cargo division, sparking curiosity within the industry regarding the appropriate sale price. While reports suggest that the selling side aims […]
Korean Air Conquers Hurdles as Asiana Airlines Cargo Division Sale Paves Way for Merger
Biz View Gwylio yn y Stori is a weekly Saturday corner that provides a comprehensive and engaging analysis of the major business issues of the week. By delving into the stories behind the headlines and inside the companies, we aim to provide a deep, easy, and enjoyable understanding of the business landscape. One of the […]
Asiana Airlines Sees Growth in International Passengers but Profitability Takes a Hit Due to Increased Costs
Asiana Airlines Experiences Revenue Growth with Increase in International Passengers, Profits Slightly Decline By Lee Se-jeong, Reporter Seoul – Asiana Airlines saw a rise in top-line figures for the second quarter of this year, primarily driven by an increase in international passengers. However, the airline’s profitability saw a slight decline due to the mounting burden […]
Asiana Airlines Pilots Union Announces Full-Scale Strike Over Wage Dispute
Asiana Airlines Pilots Union Announces Full-Scale Strike The pilots union of Asiana Airlines has recently declared a full-scale strike due to failed negotiations on a wage agreement with the management. The strike is set to commence on the 24th of this month, as stated by the airline industry. Before the strike, the pilots’ union had […]
[물류24시] Hyundai Motor Company, ‘Pony’s Time’ exhibition held, etc.
[딜사이트 이호정, 최보람, 이세정, 박상우 기자] Hyundai Motor Company announced that it will hold an exhibition called ‘Pony Time’ at ‘Hyundai Motor Studio Seoul’ where you can see the heritage of Hyundai Motor Company, including Pony. Through this, Hyundai Motor Company intends to once again reflect on the people-oriented innovation passed down by the previous […]
