Korean Air obtains approval two more countries for the acquisition of Asiana.
Korean Air Lines, South Korea’s leading airline, reported Monday that it won approval from two more countries for its planned acquisition of Asiana Airlines.
The airline received approval from Thailand and the Philippines, following approval by Turkey in February, for its merger plan valued at 1.8 billion won ($1.6 billion), Yonhap news agency reported.
“We are now waiting for approval from countries such as the United States, the European Union, South Korea, Japan, China and Vietnam,” a spokeswoman for the airline said.
Korean Air said in March that it expects to complete the purchase of Asiana Airlines in 2022 and fully merge in 2024.
Related Topics
Flybondi Announces Its First Route to Peru: It Will Connect Iguazú with Lima Starting in December
Satena Confirms Continuation of Its Direct Route Between Bogotá and Valencia, Venezuela
How Bogotá’s El Dorado Became Latin America’s Busiest Airport, Surpassing Mexico City and São Paulo
Avianca Announces Cancellation of Its Medellín – Lima Route
Plataforma Informativa de Aviación Comercial con 13 años de trayectoria.