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Will MBK bid to acquire Asiana Airlines' cargo unit?

MBK Partners Special Situations Fund is expected to participate in an acquisition bid for Asiana Airlines cargo business by teaming up with a domestic low-cost carrier (LLC), according to company officials and industry watchers, Sunday. ....

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Asiana Airlines fails to conclude cargo biz sell-off; another board meeting eyed

Asiana Airlines, Korea s second-largest air carrier, failed to conclude on Monday whether to sell its cargo business, as Korean Air seeks to win antitrust approval from European Union regulators for the takeover of its smaller rival. ....

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Korean Air to unload Asiana's cargo unit for takeover approval from EU

Korean Air will likely divest Asiana Airlines’ cargo business in a bid to obtain approval for its takeover of the latter from the European Union’s antitrust authorities, according to industry officials, Tuesday. ....

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Asiana Airlines shifts to black in Q2 on recovery in travel demand

Asiana Airlines, South Korea s second-biggest carrier, said Friday it swung to the black in the second quarter on growing demand for air travel. ....

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Asiana Airlines pilots' union to begin strike in late July

The pilot union of Asiana Airlines announced on Friday that it will go on strike starting July 24, unable to narrow differences with management over wage negotiations. ....

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