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European Commission Conditionally Clears Korean Air’s Merger with Asiana Airlines

European Commission Conditionally Clears Korean Air’s Merger with Asiana Airlines

16 February 2024 Press Release Airline News

The European Commission (EC) has granted conditional approval for Korean Air’s merger with Asiana Airlines, marking a significant step forward in the consolidation of the two carriers. The approval is contingent upon Korean Air’s adherence to certain commitments aimed at addressing competition concerns, including divesting Asiana Airlines’ cargo freighter business and facilitating the entry of a new airline on designated passenger routes.

Japan Fair Trade Commission Approves Korean Air’s Merger with Asiana Airlines

Japan Fair Trade Commission Approves Korean Air’s Merger with Asiana Airlines

3 February 2024 Press Release Airline News Organisations & Operators

The Japan Fair Trade Commission (JFTC) has granted approval for the business combination of Korean Air and Asiana Airlines, marking a significant step in their merger process. This approval follows engagements and discussions to address competition concerns raised by the JFTC, including divesting slots on certain routes and addressing competition in the cargo network.

Korean Air CEO: “2024 will be a year of change and innovation, a time to return to the fundamentals”

Korean Air CEO: “2024 will be a year of change and innovation, a time to return to the fundamentals”

3 January 2024 Press Release Airline News

In a New Year’s message to the Korean Air team, Korean Air’s Chairman and CEO, Walter Cho, shared that he expected 2024 to be a big milestone for the aviation industry with various changes and innovations shaping the year. Cho emphasized safety and service, and asked his colleagues for their full support to successfully complete the acquisition of Asiana Airlines in 2024.

Korean Air donates upcycled first aid kits made from uniforms

Korean Air donates upcycled first aid kits made from uniforms

23 August 2023 Press Release Airline News

Korean Air recently created and donated 500 first aid pouches upcycled from used pilot and cabin crew uniforms to Seoul Gangseo Senior Welfare Center and Incheon Yongyu Elementary School. The first aid kits consisted of essential medicine funded by donations from the airline’s employees.

Korean Air partners with GS Caltex to test Sustainable Aviation Fuel

Korean Air partners with GS Caltex to test Sustainable Aviation Fuel

1 July 2023 Press Release Airline News

Korean Air has partnered with GS Caltex, a globally-recognized Korean energy and chemical company, to conduct test flights using sustainable aviation fuel (SAF). The test flights using SAF will be analyzed and the results will be used by the Korean government to establish SAF quality standards and accelerate commercialization.