Korean Air Plans To Take Over Rival Asiana Airlines With $1.6 Billion Injection

Korean Air Plans To Take Over Rival Asiana Airlines With $1.6 Billion InjectionNovember 16, 2020

Regis Duvignau  / Reuters

The Asiana Airlines brand will be phased out following the deal. Regis Duvignau / Reuters

Skift Take: Consolidation was long overdue in South Korea. If the deal goes through, the result will be a single international carrier cushioned against further blows from the pandemic.

— Matthew Parsons

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