Korean Air has finalised a post-merger integration plan with Asiana Airlines after receiving confirmation from the Korea Development Bank. A deal to combine the two carriers was signed last year.
As part of the transaction, Korean Air will acquire low-cost regional carrier Air Busan, largely owned by Asiana Airlines, and fully-owned low-cost Air Seoul.
Hyundai Development Company has led a consortium to acquire a controlling stake in Asiana Airlines. The South Korean builder paid $2.16 billion for the slice of the country’s second-biggest carrier.
gategroup Holding has entered into a joint venture agreement with Asiana Airlines, a leading international airline of the Republic of Korea. The agreement establishes a long-term strategic partnership and strengthens gategroup’s position at Incheon airport, one of Asia’s fastest growing and largest hubs in the world for international passengers.
Asiana Airlines of South Korea has taken delivery of its first A350-900, becoming the twelfth airline to operate the world’s newest and most efficient twin engine widebody airliner. Asiana’s A350-900 is configured with a three class layout with a total of 311 seats, comprising 28 in Business Smartium, convertible to fully flat beds, 36 in Economy Smartium and 247 in the main cabin.
Hong Kong Airlines and Asiana Airlines have entered into codeshare partnership to bring more flight options to passengers travelling between Hong Kong and Seoul, the capital city of Korea. Under the agreement, Hong Kong Airlines and Asiana Airlines place their respective marketing codes on each other’s flights between Hong Kong and Seoul.
An Asiana Airlines-operated aircraft has crash landed at San Francisco international airport, killing at least two people. The Boeing 777 made an emergency landing earlier, after arriving from Seoul.
JetBlue Airways and Asiana Airlines have launched an interline agreement to connect each other’s networks and bring new flight options to travellers between Asia and the Americas. Through the arrangement, effective immediately, travellers can book single-ticket travel combining flights on both carriers and enjoy one-stop baggage check-in when they transfer between the airlines at New York’s John F. Kennedy International Airport and Los Angeles International Airport.
Asiana Airlines has launched a new route between Seoul, South Korea, and Yangon, the largest city in Myanmar, formerly known as Burma. Asiana Airlines now operates two flights per week, departing from Incheon Airport at 19:30 every Wednesday and Saturday and arriving in Yangon at 23:40 local time.
Asiana Airlines is increasing its scheduled departures from London Heathrow Terminal 1 to Seoul. From 30 October 2011, Asiana will offer daily nonstop service between London Heathrow and Seoul Incheon airport.
Troops in South Korea have mistakenly opened fire on an Asiana operated passenger jet, in the belief it was a North Korean aircraft. A total of 99 rifle rounds were fired at the passenger jet, all of which failed to hit the target.
Air Canada today announced that it has entered into talks to explore a closer cooperation with Korea’s Asiana Airlines that would result in enhanced service in the Canada-Korea market.