British Airways owner IAG
is likely to be hit with an EU antitrust warning over its
400-million-euro bid to buy out Air Europa,
suggesting regulators want IAG to beef up its offer of remedies,
people.
Korean Air's merger with Asiana Airlines nears completion, with approvals from 13 of 14 jurisdictions, but must support T'way Air's entry on key routes and sell off Asiana's freighter division.
Low-cost carriers (LCC) in Korea are gearing up for significant changes to their growth strategies, bracing for the envisioned launch of a mega-sized budget airline after Korean Air completes its acquisition of Asiana Airlines, according to industry officials, Monday.
Scrutinizing monopolistic online platform firms by introducing timely regulations will be the 2024 policy focus for the country s antitrust agency, in order to prevent those firms from dominating exclusive markets, the head of the Fair Trade Commission said.
Busan’s business community began to pin high hopes on the sale of Air Busan from Asiana Airlines to a company in the city, as the Korea Development Bank (KDB) became more open-minded toward the proposal, according to industry officials, Thursday.