Korean Air Lines 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

Aviation Week

Korean Air Converts Options to Firm Order for Six More A321neos

2024-12-18T04:58:36.900022-08:00

FlightGlobal

South Korea Launches Busan MUAV Production Center

2024-12-17T20:35:27.129480-08:00

FlightGlobal

South Korea Boosts KF-21 Missile Development and F-15K Upgrades

2024-12-16T20:27:26.368483-08:00

Korean Air Lines News Timeline

Aviation Week

Korean Air Converts Options to Firm Order for Six More A321neos Korean Air has solidified its commitment to the Airbus A321neo by converting six options into firm orders, increasing its total order to 56 aircraft. This move underscores the airline's strategic expansion plans, with 15 A321neos already delivered to bolster its fleet modernization efforts.

2024-12-18T04:58:36.900022-08:00

Korean Air Converts Options to Firm Order for Six More A321neos

FlightGlobal

South Korea Launches Busan MUAV Production Center The new facility in Busan will manufacture South Korea's indigenous Medium-Altitude Reconnaissance Unmanned Aerial Vehicle (MUAV), advancing the country's defense capabilities and supporting Korean Air's strategic initiatives in the UAV sector.

2024-12-17T20:35:27.129480-08:00

South Korea Launches Busan MUAV Production Center

FlightGlobal

South Korea Boosts KF-21 Missile Development and F-15K Upgrades South Korea allocates funding to develop a short-range air-to-air missile for the KF-21 fighter. Additionally, it increases the budget for enhancements to Boeing's F-15K aircraft, marking significant advancements in its defense capabilities.

2024-12-16T20:27:26.368483-08:00

South Korea Boosts KF-21 Missile Development and F-15K Upgrades

koreatimes.co.kr

Korean Air's Robust Finances Support Asiana Merger Market analysts highlight Korean Air's strong cash reserves and low debt ratio as key factors enabling the merger with financially weaker Asiana Airlines, overcoming existing concerns about the latter's fiscal health.

2024-12-15T22:54:00.314986-08:00

Korean Air's Robust Finances Support Asiana Merger

AeroTime

Korean Air Marks 30 Years of Seoul-Atlanta Service Amid Growing Investments Celebrating three decades of connecting Seoul and Atlanta, Korean Air reflects on the strategic importance of this route as South Korean companies continue to expand their manufacturing presence in Georgia. This milestone underscores the sustained growth in bilateral trade and cultural exchanges.

2024-12-13T04:22:11.548571-08:00

Korean Air Marks 30 Years of Seoul-Atlanta Service Amid Growing Investments

Reuters

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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

Korean Air Finalizes Asiana Acquisition with 63.88% Stake

koreatimes.co.kr

Korean Air Finalizes Merger with Asiana Airlines Korean Air is set to complete its acquisition of Asiana Airlines next week, finalizing the merger of South Korea's leading carriers. This deal, which includes Air Busan, is poised to reshape the competitive landscape of the South Korean aviation market.

2024-12-08T09:46:10.314262-08:00

Korean Air Finalizes Merger with Asiana Airlines

Bloomberg Law

Korean Air Merges with Asiana, Consolidating Low-Cost Carriers Korean Air has secured final US approval for its merger with Asiana Airlines, creating one of the world's largest airlines. The merger will consolidate Asiana's budget brands under Jin Air, streamlining operations for greater efficiency in the competitive low-cost carrier market.

2024-12-02T17:40:43.708276-08:00

Korean Air Merges with Asiana, Consolidating Low-Cost Carriers

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