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Seoul Court Rules in favour Korean-Asiana Merger


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MIAMI – Seoul Central District Court yesterday ruled in favor of the merger of Korean Air (KE) and Asiana Airlines (OZ). The decision will make the acquisition easier. Last month, KE was set to buy its biggest rival for ₩1.8tn. Due to the pandemic, both airlines were making losses. The merger was an “inevitable decision […]

The post Seoul Court Rules in favour Korean-Asiana Merger appeared first on Airways Magazine.

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