Skyteam Member Korean Air and rival Star Alliance Member Asiana are the two largest airlines in South Korea. They are trying to become one powerful carrier eliminating competition both for passenger travel and cargo.
U.S, Feb. 14 -- First announced in November 2020, Korean Air and Asiana are getting closer to operate as one airline. A merger between the two dominating airlines in the Republic of Korea means they need aldo the approval by foreign authority to maintain traffic rights to key markets.
Korea granted the request of merger in February 2022
Countries signed off on this merger:
Turkey in Feb 2021
Taiwan in May 2021
Thailand in May 2021
Philippines in May 2021
Malaysia in September 2021
Vietnam in November 2021
Singapore in February 2022
Australia in September 2022
China in December 2002
UK in March 2023
Japan in January 2024
European Union in February 2024
The authorization by the United States of America is still pending.
A Giant Step clos...
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