Aircraft from Korean Air and Asiana Airlines are seen parked on the tarmac at Incheon International Airport in this Nov. 28 photo. Yonhap
Jeju Air in growing dilemma over emerging threat from converged LCCs
By Lee Min-hyung
Korean Air closed its long-delayed deal to take over Asiana Airlines on Wednesday, paying the remaining 800 billion won ($558.58 million) to secure a controlling stake in the cash-strapped airline.
This allows the nation’s flag carrier to secure a stake of 63.88 percent in…
Boutique Travel VC raises investment cap from $1.5M to $10M to lead rounds and support portfolio companies through growth Travel...
Read moreDetails
