Quantcast

Korean Air-Asiana merger awaits US DOJ nod after EU green light

Riyadh Air plans new jet order decision early next year
LA Considers $25 And $30 Minimum Wages For Hotel And Airport Workers
Airlines are on the hook for more than you think if something goes wrong with your trip
WA Labor & Industries plans to create new airline worker protections
Airlines must now give automatic refunds for significant delays. Here's what to know.
American Airlines Technical Operations, Fleet Service, Cargo and Central Load Planning team members ratify new agreement
Spirit Airlines Pursues Bankruptcy as a Path to Tie-Up With Frontier
American Airlines fined $50M for violating disability laws
Canada's flight attendant union applauds NDP bill to end unpaid work in the airline sector
American Airlines testing new technology that would crack down on boarding
Exciting New Airline Routes Coming to North
Another city ignores airport commission's advice, zones for housing near JWA
United shares hit pre-pandemic high after airline forecasts strong finish to 2024, plans buyback
Alaska Airlines Just Made Its Loyalty Program Even More Lucrative With New Rewards, Better Upgrades, and More
Food safety problem closes Detroit airline kitchen leaving 200 flights without meals
5 Reasons Why Kazakhstan's Air Astana Is Establishing Itself As A Key Player In Asian Aviation
JetBlue is no longer serving hot food in economy class on transatlantic flights
Video shows traveler hurl computer monitor at Frontier employees in Chicago
White House 'in touch' with airlines as hurricanes Helene, Milton spark price-gouging fears
Airline bans two items from luggage amid conflict in the Middle East
Turkish Airlines pilot dies midflight, leading to emergency landing in New York
Spirit Airlines Explores Bankruptcy Filing
Airlines turn to AI to allocate gates and cut waiting times
American Airlines Passengers Save Woman from Alleged Violent Male Companion on Flight
Garuda Indonesia and Japan Airlines (JAL) Form Joint Business Agreement — What To Know
Here's how Southwest Airlines' new seating and boarding process will work
Delta Adds New Route to Asia
Southwest Airlines will begin selling assigned seats in 2025
United Airlines Pilot Buys Passengers Pizza In Albuquerque After Flight Was Delayed 7 Hours
Czech Airlines to Cease Operations, Ending 23-Year SkyTeam Partnership
Korean Air-Asiana merger awaits US DOJ nod after EU green light
Policy
Webp 5r3vc2svdh8ibaxk8gr8iutw0za2
Simple Flying | Simple Flying

Korean Air has announced that it has received approval from the European Commission (EC) for its merger with Asiana Airlines. However, the United States Department of Justice (DOJ) still needs to approve the merger, which Korean Air hopes to achieve by the end of this year.

On November 28, Korean Air stated that it had met all conditions set by the EC for the merger with Asiana Airlines. The Commission confirmed that both airlines had addressed all competition concerns initially identified in February when conditional approval was granted.

"In February 2024, the EC granted conditional approval subject to two key requirements: ensuring stable operations of a remedy carrier on four overlapping European routes (Barcelona, Frankfurt, Paris, and Rome) and the divestiture of Asiana's freighter business."

Get the Newsletter
Sign-up to receive weekly round up of news from Sky Industry News
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

T’Way Air from Korea was selected as the remedy taker for these routes and has commenced flights from Seoul Incheon International Airport to Barcelona-El Prat Airport, Frankfurt Airport, Paris Charles De Gaulle Airport, and Rome Leonardo da Vinci–Fiumicino Airport.

The low-cost carrier operates four Airbus A330-300 aircraft. Two were previously part of Thai AirAsia X’s fleet, while one each came from Aeroflot and SmartLynx Malta.

Korean Air is committed to supporting T’Way Air in launching its European operations as mandated by the EC. Meanwhile, Air Incheon will take over Asiana Cargo and its assets.

Asiana Cargo operated 12 Boeing 747-400 freighters and one 767F. The acquisition by Air Incheon includes aircraft slots, traffic rights, flight crew, other employees, customer cargo contracts, among other assets.

The aviation analytics company Cirium reported that T’Way Air began flights from Incheon International to Rome-Fiumicino in August and expanded itineraries to Barcelona and Paris in September. By October, it also started flying to Frankfurt.

In November, T’Way scheduled three weekly flights each to Barcelona, Frankfurt, and Rome along with five weekly itineraries to Paris. Concurrently Korean Air offered four weekly flights to Frankfurt and three to Rome; while Asiana Airlines scheduled five flights each week to Barcelona.

T’Way plans further expansion of its widebody fleet with an agreement signed in September with aircraft lessor Avolon for leasing five A330-900s set for delivery starting in 2026.

Regarding US approval: Korean Air submitted the EC’s final approval documentation to DOJ aiming at concluding their merger process initiated back in 2020 within this year itself. Earlier reports indicated potential legal action by DOJ due concerns about reduced competition on routes between South Korea & USA raised during May last year per Politico reportings

Cirium data reveals ten airlines operate flights between Seoul-Incheon & USA including destinations like Guam Antonio B Won Pat International Airport Saipan International Honolulu Daniel K Inouye International Airports showing combined total seat availability standing around seventy-six thousand seats weekly Of which sixty-two percent shared among merged duo entities adding Delta Airline partnership elevating market share up seventy-five percent collectively controlling overall market scene spanning South Korea-US connections post completion anticipated forthcoming clearance via pending authorization status ahead...

Organizations Included in this History
More News

Delta Air Lines is adjusting its service between Atlanta and Anchorage, extending flights beyond the summer travel season to a year-round offering.

May 15, 2025

Delta Air Lines has achieved the highest on-time performance among North American airlines for 2024, according to aviation analytics company Cirium.

Apr 9, 2025

Tampa International Airport, currently handling approximately 25 million passengers annually, is projected to expand its capacity to about 39 million by 2042.

Apr 8, 2025

KLM Royal Dutch Airlines has announced that it will not operate its flights between Amsterdam Schiphol International Airport (AMS) and Minneapolis St. Paul International Airport (MSP) during the upcoming winter season.

Apr 8, 2025

Delta Air Lines has decided to discontinue its direct flights from Orlando International Airport to London Heathrow Airport after just one winter season of operation.

Apr 8, 2025

A United Airlines Boeing 737 was involved in an incident upon landing at Ronald Reagan Washington National Airport.

Apr 8, 2025