The Ministry of Commerce of the People’s Republic of China (MOFCOM) announced its approval of Korean Air’s business combination with Asiana Airlines on December 26. MOFCOM has demanded that the merged Korean Air-Asiana entity reduce its market share due to competition concerns, to which Korea...

The Australian Competition and Consumer Commission (ACCC) has announced its decision to clear Korean Air’s acquisition of Asiana Airlines after conducting market consultation on the Korean Air-Asiana Airlines merger with interested parties. The ACCC has expressed that while Korean Air and Asian...

Korean Air will start IATCI (Inter-Airline Through Check-In) service with Asiana Airlines on December 15. IATCI is a service  that allows passengers to transfer their baggage to their final destination, issue a boarding pass and assign a seat for the connecting flight while checking in with th...

The South Korean aviation sector, which had witnessed a sharp decline in the first quarter (Q1) due to COVID-19 pandemic, is showing signs of recovery with the country’s two major carriers Korean Air Lines (Korean Air) and Asiana Airlines reporting positive results in the second quarter (Q2) of 20...