US DOJ Gives Final Approval To Korean Air & Asiana Airlines Merger

Korean Air and Asiana Airlines should clear their final hurdle to consummate their merger, with reports indicating that the United States Department of Justice (DOJ) has approved or at least not objected to the transaction.

Last stakeholder

After the European Commission (EC) had given its final approval for Korean Air and Asiana Airlines to merge, with the surviving entity, Korean Air, finalizing the conditions that alleviated the European legislators’ competition concerns, the US…