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Korean Air's bid to acquire Asiana wins conditional approval in Japan, with cargo, passenger remedies

By Sachiko Sakamaki ( January 31, 2024, 08:19 GMT | Insight) -- Korean Air’s bid to acquire its smaller rival Asiana has won the Japanese regulator’s conditional clearance today, after the parties offered remedial measures including the divestiture of Asiana's global cargo business conducted by its own freight aircraft. Korean Air’s bid to acquire its smaller rival Asiana Airlines has won the Japanese regulator’s conditional clearance, after the parties offered remedial measures including the divesture of Asiana's global cargo business conducted by its own freight aircrafts to a third party....

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