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May 29, 2022

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Korean Air-Asiana merger faces two biggest hurdles: EU and China
Korean Air-Asiana merger faces two biggest hurdles: EU and China
Korean Air is facing hurdles in acquiring the cash-strapped air carrier Asiana Airlines as it awaits clearance from at least four regions the EU, the US, Japan, and China. The EU’s regulatory body, considered one of the biggest obstacles in the airline’s bid as it has been getting tougher over business mergers, recently asked Korean low-cost carriers T’way Air and Air Premia for their opinion on the merger between South Korea’s two biggest air carriers, according to sour
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