All Asiana Airlines articles
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NewsCargo carrier Air Incheon applies for new US routes
Air Incheon becomes IATA member Photo: Air Incheon Air Incheon has applied for a permit to carry out scheduled and charter flights to the US as it continues to expand its operations worldwide. The South Korean cargo airline applied “for a foreign air carrier permit and an ...
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NewsKorean Air completes drawn out acquisition of Asiana
Korean Air has today completed the $1.3bn acquisition of Asiana Airlines
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Hyundai Glovis confirms Asiana cargo stake
Hyundai Glovis has confirmed it will invest in a consortium led by Air Incheon as part of plans to acquire Asiana Airlines’ cargo business.Earlier this month, Republic of Korea (ROK)-based logistics company Hyundai Glovis said it was considering investing in an acquisition consortium set up by Air Incheon after the ...
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Asiana buys two 747 freighters to replace ageing aircraft
China Airlines has sold two Boeing 747-400 freighters to South Korean operator Asiana Airlines.The deal, brokered by Aviation Management Solutions, is valued at more than W69.6bn ($51m), according to stock exchange filings. Asiana said it is purchasing the jets to replace its fleet of ageing freighters to “enhance punctuality”.According to ...
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Korean signs Asiana cargo sale agreement with Air Incheon
Korean Air has today signed a "basic business sale agreement" with Air Incheon for Asiana Airlines' cargo business.The agreement follows June's announcement that Air Incheon had been named as the preferred bidder for the sale of Asiana's cargo business as part of Korean Air’s acquisition of Asiana Airlines."The transaction amount ...
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Air Incheon gains support for Asiana cargo bid
Air Incheon's plan to acquire Asiana Airlines’ cargo business is gaining momentum with reports that Hyundai Glovis may invest in a consortium led by the airline.Republic of Korea (ROK)-based logistics company Hyundai Glovis said it is considering an investment after Air Incheon was named as the preferred bidder for Asiana ...
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Unions oppose Air Incheon's bid for Asiana's cargo business
Unions have put yet another obstacle in the path of Korean Air’s delayed acquisition of Asiana Airlines by objecting to both the nature of the takeover and the choice of Air Incheon as the preferred bidder for the sale of Asiana Airlines’ cargo business.There was some positive progress with Korean's ...
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Korean picks Air Incheon as preferred Asiana Cargo bidder
Air Incheon has been named as the preferred bidder for the sale of Asiana Airlines' cargo business as part of Korean Air's much-delayed acquisition of Asiana Airlines.Republic of Korea-based airlines Eastar Jet, Air Premia and Air Incheon had in April all reportedly submitted bids to acquire the cargo business, but ...
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Three airlines vying for Asiana Airlines' cargo business
Three low cost airlines are reportedly in the running to buy Asiana Airlines' cargo business as part of conditions for Korean Air to acquire Asiana Airlines.Eastar Jet, Air Premia and Air Incheon, all based in the Republic of Korea, have submitted bids in the second round of bidding to acquire ...
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Korean Air targets completion of Asiana acquisition in 2024
Korean Air said it expects to complete the acquisition of Asiana Airlines this year, as it acknowledged that the process had “taken much longer than expected”.In a message to employees on New Year’s Day, airline chief Walter Cho said he is “confident” the merger – first announced in November 2020 ...
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EU sets deadline for decision on Korean Air's proposed Asiana takeover
European Union competition regulators have set a February deadline to review Korean Air's proposed acquisition of Asiana Airlines.The two airlines resubmitted their plans to EU antitrust regulators earlier this year after gaining board approval to sell the cargo business of Asiana Airlines to offset concerns about the market share the ...
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Asiana board approves plans to sell its cargo business
The Asiana Airlines board has approved plans to sell its cargo business as part of efforts to appease European regulators concerned over the impact of its takeover by Korean Air.Earlier today, the carrier's board approved the plan to offload the cargo unit to another Korean airline after the European Commission ...
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NewsAsiana Airlines delays decision on the sale of its cargo business
Source: Thanhliemnguyen/ShutterstockAsiana Airlines has delayed a decision on whether to sell its cargo unit as part of its takeover by Korean Air.The airline's board met yesterday to decide whether to go ahead with the sale as the two companies looked to obtain European Union approval for the deal.In a stock ...
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Korean Air poised to sell off Asiana cargo business
Korean Air Lines Co. has offered to sell Asiana Airlines' cargo business and divest routes to four EU cities to obtain European Union approval for its planned acquisition of the carrier.This is according to a Reuters report on October 17. The report added that Korean Air is now in talks ...
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NewsKorean Air merger doesn't affect cargo competition
Photo: Korean AirKorean Air’s acquisition of Asiana Airlines will not reduce cargo competition, the Competition and Consumer Commission of Singapore (CCCS) has concluded.The CCCS has given Korean Air unconditional approval for its takeover of Asiana Airlines on February 8, ruling that the acquisition will not infringe Singapore’s 2004 Competition Act.Singapore’s ...
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NewsAsiana Airlines awards Milan cargo handling contract to WFS
Asiana Airlines’ has awarded Worldwide Flight Services (WFS) with a contract to handle its freighter services at Milan-Malpensa Airport.The airline operates three Boeing 747 freighter flights a week from the Italian airport to Seoul. WFS expects to handle some 15,000 tonnes of cargo annually for Asiana.The contract win comes two ...
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NewsAsiana converts A350 to temporary freighter
Source: Asiana. Asiana A350 temporarily concerted to all-cargoAsiana Airlines has commenced operations with an Airbus A350-900 partially retrofitted as a maindeck freighter, as it plans scenic flights with its grounded A380s.The A350 renovation work involved removing 283 economy class seats and installing a steel panel on the floor “to ensure ...