Korean Air expects to sign a framework agreement with Air Incheon next month after picking the cargo carrier as preferred bidder for Asiana Airlines’ global freighter business.
The SkyTeam carrier is divesting the freighter business as part of the concessions it agreed to secure European Commission approval for its planned acquisition of fellow Korean operator Asiana.
Korean cargo carrier Air Incheon, which launched operations in 2012, operates a fleet of four Boeing 737-800…