KSE - Delayed Quote KRW

Asiana Airlines, Inc. (020560.KS)

10,500.00

-60.00

(-0.57%)

As of 12:42:28 PM GMT+9. Market Open.

South Korea to safeguard competition after Korean Air, Asiana merger

SEOUL (Reuters) -South Korea will support smaller airlines and monitor market competitiveness after dominant carrier Korean Air completed a $1.3 billion acquisition of Asiana Airlines on Thursday to create one of Asia's biggest carriers. Korean Air acquired a 63.88% stake in the country's second-largest airline, making it a subsidiary three years later than Asiana had initially anticipated. The enlarged Korean Air group could account for just over half of South Korea's passenger capacity, and would become the world's 12th-largest airline by international capacity, a Reuters analysis of airline data from Cirium and OAG shows.

Reuters last month

^YH310

020560.KS
-0.57%
Air Incheon tapped as preferred bidder for Asiana’s freighter business

Korean Air will give a small South Korean carrier first crack at buying the freighter assets of Asiana Airlines, as required by EU regulators to approve a Korean-Asiana combination. The post Air Incheon tapped as preferred bidder for Asiana’s freighter business appeared first on FreightWaves.

FreightWaves 7 months ago

^YH310

020560.KS
-0.57%
Cargo unit sale seals EU approval for Korean Air buy of Asiana

The European Union blessed a Korean Air takeover of Asiana Airlines under the condition that Asiana sells off its cargo airline. The post Cargo unit sale seals EU approval for Korean Air buy of Asiana appeared first on FreightWaves.

FreightWaves 11 months ago

^YH310

020560.KS
-0.57%

Performance Overview

Return	020560.KS	KOSPI Composite Index
YTD	+0.96%	+5.34%
1-Year	-10.87%	+1.98%
3-Year	-41.50%	-10.82%

News

Life

Entertainment

Finance

Sports

New on Yahoo

Yahoo Finance

Asiana Airlines, Inc. (020560.KS)

South Korea to safeguard competition after Korean Air, Asiana merger

Air Incheon tapped as preferred bidder for Asiana’s freighter business

Cargo unit sale seals EU approval for Korean Air buy of Asiana

Performance Overview