The European Commission has approved the merger between Korean Air and Asiana Airlines.
As conditions for approval, the European Commission required the divestment of Asiana Airlines’ cargo division and support for the entry of new airlines on routes where the passenger services of both companies overlap, such as Seoul/Incheon to Paris, Rome, Barcelona, and Frankfurt. T’way Airlines entered these four routes as a new participant, and the cargo business was transferred to Air Incheon.
With these conditions met, final approval was granted. The merger of the two companies is expected to be completed by the end of the year.
Notice
This article was generated using automatic translation by GPT-4 API. The translation may not be accurate.
