Progress and Challenges in Korean Air’s Merger with Asiana Airlines
In a significant development, Korean Air Co. announced on Wednesday that Japan’s antitrust regulator has approved the 1.8 trillion-won ($1.34 billion) merger deal with its smaller rival, Asiana Airlines Inc. This approval from the Japan Fair Trade Commission (JFTC) marks a crucial milestone in the merger process of South Korea’s two major carriers. The proposed […]
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