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Korean Air completes 63.88% acquisition of Asiana Airlines

by Robert Van Pash (Editor)
December 13, 2024
in Korean Air
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Korean Air acquires a 63.88% stake in Asiana Airlines, initiating integration plans to strengthen South Korea’s aviation industry.

SEOUL, SOUTH KOREA – Korean Air has completed its acquisition of Asiana Airlines, four years after announcing its decision on November 16, 2020.

On December 12, Korean Air acquired 131,578,947 newly issued shares of Asiana Airlines, representing a 63.88% ownership stake and making Asiana…

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