Asiana Airlines Board to Reconvene to Vote on Cargo Biz Sell-off koreabizwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreabizwire.com Daily Mail and Mail on Sunday newspapers.
Asiana Airlines Inc., South Korea's second-largest air carrier, said Thursday its board approved a plan to sell the company's cargo business, in a decision that could help Korean Air Co. win antitrust approval from European Union regulators for its takeover of the rival. In a regulatory filing, Asiana announced the board's decision, noting it as a part of remedial measures for Korean Air to be submitte.
Korean Air-Asiana Merger Plan Faces Major Headwinds in Winning Antitrust Approval in Key Markets koreabizwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreabizwire.com Daily Mail and Mail on Sunday newspapers.
Asiana Airlines Inc., South Korea s second-largest air carrier, said Tuesday its board will reconvene later this week to vote on whether to sell its cargo business, as Korean Air Co. seeks to win antitrust approval from European Union regulators for the takeover of its smaller rival.
The board of Asiana Airlines Inc., South Korea's second-largest air carrier, plans to decide Monday on whether to sell its cargo business, as Korean Air Co. seeks to win antitrust approval from European Union regulators for its takeover of the rival. The EU antitrust regulators have raised concerns that Korean Air's acquisition of Asiana may restrict competition in the markets for passenger and cargo air tr.