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  • Photo: Korean Air

06.02.2024

Artikel Nummer: 48180

Merger in full swing


The Japan Fair Trade Commission (JFTC) has approved Korean Air’s business combination with Asiana Airlines, marking a significant milestone in the two airline

 

s’ merger process. To date, Korean Air has received approvals from twelve of fourteen competition authorities. The approval process commenced in January 2021, when Korean Air submitted its intent to the JFTC. Twelve authorities, including Japan, have either approved the combination or concluded the review on the grounds that the business combination was not subject to review or report.

 

Korean Air is committed to constructive dialogue with the remaining authorities - the EU and USA - to obtain approvals at the earliest opportunity. (cj)

www.koreanair.com

https://flyasiana.com

 

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