Asiana News

Reuters • Lisa Barrington

Korean Air Finalizes Asiana Acquisition with 63.88% Stake

Korean Air has completed its acquisition of a 63.88% stake in Asiana Airlines, cementing its position as a leading Asian carrier. The merger, announced four years ago, aims to optimize network efficiencies and enhance Incheon Airport as a strategic global hub.

2024-12-11T20:35:47.677387-08:00

Breitflyte

Korean Air Expands Fleet with 33 Airbus A350 Aircraft

2024-04-02T04:56:58.214991-07:00

CNA

Air Incheon Selected as Preferred Bidder for Asiana Cargo Unit

2024-06-16T20:48:53.515648-07:00

koreaherald.com

Asiana Airlines Marks End of Era with Last Boeing 747-400 Retirement in South Korea

2024-03-24T22:30:08.236196-07:00

Asiana News Timeline

ch-aviation

Korean Banks Call Asiana Airlines Loans Amid Financial Adjustments South Korean state-owned banks are initiating the recall of KRW3.6 trillion in loans provided to Asiana Airlines during 2019-2020, prompting strategic adjustments within the airline's financial planning. The move underscores the ongoing fiscal evaluation as Asiana navigates the competitive aviation landscape.

2025-02-19T11:31:28.934567-08:00

Korean Banks Call Asiana Airlines Loans Amid Financial Adjustments

Airways Magazine

Asiana Airlines to Retire Entire Boeing 767 Fleet by March 2025 Asiana Airlines has announced the retirement of its Boeing 767-300 fleet by March 2025, ending over three decades of service. The move is part of the airline's strategy to modernize its fleet and improve efficiency, phasing out older aircraft in favor of more fuel-efficient models.

2025-02-15T07:25:52.388401-08:00

Asiana Airlines to Retire Entire Boeing 767 Fleet by March 2025

FlightGlobal

Korean Air Reveals Strategic Merger Plans with Asiana Korean Air has detailed its strategy for integrating Asiana Airlines, aiming to create a singular competitive entity following the merger. This move is expected to enhance economies of scale and streamline operations, positioning the company for greater global competitiveness in the aviation market.

2025-02-13T09:14:53.645831-08:00

Korean Air Reveals Strategic Merger Plans with Asiana

AeroTime

Korean Air Launches A350-900 on New Japan Routes Korean Air is set to deploy its Airbus A350-900 aircraft on new routes to Japan starting January 27, 2025. With plans to operate two daily round trips between Seoul/Incheon and Osaka/Kansai, and one daily round trip to Fukuoka, the airline aims to enhance connectivity.

2025-01-26T01:49:13.498502-08:00

Korean Air Launches A350-900 on New Japan Routes

ch-aviation

Air Seoul Secures $20.6M Loan from Asiana for Financial Support Air Seoul, a low-cost carrier under Asiana Airlines, has secured a $20.6 million loan from its parent company to bolster its financial position amidst ongoing market challenges. This strategic move aims to enhance operational stability and ensure smooth continuity of services.

2025-01-19T15:21:24.137261-08:00

Air Seoul Secures $20.6M Loan from Asiana for Financial Support

koreatimes.co.kr

Korean Air's CEO Faces Challenges in Asiana Acquisition Completion Song Bo-young, recently appointed as the head of Asiana Airlines, is focused on ensuring the timely completion of Korean Air's acquisition. He must navigate potential backlash from employees and stakeholders while integrating the previously financially unstable airline.

2025-01-19T01:40:21.085020-08:00

Korean Air's CEO Faces Challenges in Asiana Acquisition Completion

The Loadstar

Eastar Jet Targets Air Freight Amidst South Korean LCC Competition Eastar Jet pivots back to air freight after failing to acquire Asiana's cargo business. As South Korean LCCs target growing e-commerce traffic, Eastar Jet intensifies its strategy in the competitive air freight market.

2025-01-16T04:59:26.031244-08:00

Eastar Jet Targets Air Freight Amidst South Korean LCC Competition

FlightGlobal

Air Incheon Eyes U.S. Freighter Expansion Amid Asiana Cargo Acquisition Air Incheon plans a significant expansion into U.S. markets following its acquisition of Asiana Airlines' cargo operations. The move, anticipated to take effect in mid-2025, seeks necessary U.S. approvals and leverages the 747 fleet obtained through the Asiana-Air Korea merger last year.

2025-01-07T08:52:38.778442-08:00

Air Incheon Eyes U.S. Freighter Expansion Amid Asiana Cargo Acquisition