Asiana Airlines board to meet again to decide Korean Air merger
SEOUL -Asiana Airlines said on Tuesday it would reconvene a board meeting in early November to decide whether it should accept a merger proposal from Korean Air that includes the sale of its cargo operations to remedy EU antitrust concerns.
Korean Air's acquisition plan still needs approval from the European Union, the United States and Japan. Korean Air, South Korea's biggest carrier, planned to submit a corrective action plan to the European Commission by the end of October to gain EU approval. That time line is no longer possible pending a decision by Asiana's board.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US, South Korean warplanes kick off joint air drillsThe United States and South Korea began major air exercises on Monday, involving 130 warplanes from both countries to simulate 24-hour wartime operations.
Read more »
South Korean families call for a special probe on the anniversary of a deadly Halloween crushBereaved relatives of victims of last year’s devastating Halloween crush in Seoul and their supporters have demanded an independent investigation of the disaster as they marked the anniversary with a massive memorial service.
Read more »
South Korean families call for a special probe on the anniversary of a deadly Halloween crushBereaved relatives of victims of last year’s devastating Halloween crush in Seoul and their supporters have demanded an independent investigation of the disaster as they marked the anniversary with a massive memorial service
Read more »
ENHYPEN Named First Global Ambassador for Dr.Jart+ Korean Skincare“It’s somewhat surreal,” the K-pop band says of the partnership for new versions of beloved products rolling out in the U.S., Europe and Asia, teasing “much more to come.&8…
Read more »
November 2023 Korean Drama Releases: Vigilante, My Demon & More K-DramasThe list of November 2023 K-drama releases includes Vigilante, My Demon, Daily Dose of Sunshine and more. Find out their release dates
Read more »
In L.A.’s Santee Alley, Korean and Latino communities bond in an acupuncture shopIn L.A.’s Santee Alley, medicinal clinics that offer cupping, acupuncture and other traditional medicine are uniting Korean and Latino communities.
Read more »