Business
Asiana Airlines brand to disappear after Korean Air take-over – Executive Traveller
After almost 40 years in the sky, Asiana Airlines is being fully folded into Korean Air.
Korean Air will axe the Asiana Airlines brand and phase out Asiana’s fleet, following a $2.2 billion buyout which will turbocharge the South Korean flag-carrier and catapult it to become one of the world’s largest airlines.
The take-over, announced in November 2020 and backed by the Korea Development Bank, will now formally happen in 2022, with both airlines to fully merge and integrate their operations by 2024.
“There will be one brand, Korean Air, after the integration,” Korean Air President Woo…
-
General18 hours agoAsian, European stocks nosedive on tariff turmoil
-
General15 hours agoAsia stocks plunge, HK suffers steepest fall since 1997
-
Noosa News21 hours agoDistress call sparks rescue operation for capsized sailor near North Stradbroke Island
-
Business21 hours agoBell Potter names more of the best ASX 200 stocks to buy in April