2023-10-03 05:31
Korean Air to submit new merger plan to ease antitrust concerns
Korean Air and Asiana Airlines aircraft are parked at Gimpo International Airport in western Seoul. (Newsis) The high-profile merger between South Korea's top two air carriers is likely to meet a watershed moment later this month as Korean Air is reportedly scheduled to submit an aggressively revised version of its acquisition proposal for Asiana Airlines to the European Commission to effectively ease the regulator's antitrust concerns.According to local reports Tuesday, Korean Air's revised proposal will include the company's sale of the entirety of Asiana Airlines' cargo transportation business to a competing airline.
https://n.news.naver.com/mnews/article/044/0000250461?sid=104
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https://n.news.naver.com/mnews/article/044/0000250461?sid=104
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