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Eyes on U.S. Department of Justice, after Korean Air gets EU approval for Asiana merger.

by Robert Van Pash (Editor)
December 2, 2024
in Korean Air
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  • On November 28, the European Commission (EC), the European Union (EU) antitrust body, approved the merger between Korean Air Lines Co. and Asiana Airlines Inc. 

  • Korean Air said it submitted the EC approval to U.S. authorities and plans to finalize the transaction by the end of December.

  • Korean Air plans to inject 800 billion won ($573 million) and secure a stake of 63.9 percent in Asiana on Dec. 20 to finalize the long-delayed acquisition.

  • Korean Air announced the…

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