AVIATION NEWS
Korean Air closes deal for Asiana takeover, acquiring 63.88% ownership stake
Korean Air has closed its acquisition of Asiana Airlines, four years after announcing its intent to takeover on November 16, 2020. On December 12, 2024, Korean Air announced that it had acquired 131,578,947 newly issued shares of Asiana Airlines, representing a 63.88% ownership stake and making Asiana…