Korean Air Is Acquiring Asiana Airlines For $1.62 Billion
2020-11-16Reading Time: < 1 minute Hanjin Group owned Korean Air has stated it is buying the rival airline Asiana Airlines for KRW1.8 trillion ($1.62 billion). As a result of this acquisition, which is said to “stabilize the Korean aviation industry”, Korean Air will become the 15th world’s biggest carrier by distance flown. Asiana has been looking for a potential buyer […]