Jongseok “Jason” Yoo, who serves as executive VP and chief safety and operating officer at Korean Air, details the airline’s ambitious MRO growth plans.
Four years after announcing its plan to acquire Asiana Airlines, Korean Air has secured clearance for full integration of South Korea’s two largest carriers.
South Korea’s competition regulator has imposed a significant fine on Asiana Airlines due to breaches of one of the conditions of its merger with Korean Air.
Korean Air Chairman and CEO Walter Cho says the airline will retain Air Busan’s presence and network in its home city of Busan, despite connectivity concerns.
Korean Air appears close to gaining the clearances to take over Asiana Airlines, which would signal the end of a four-year journey through a regulatory maze.
Korean Air has reached an agreement with Air Incheon regarding the sale of Asiana’s cargo unit, which is expected to be split off after Korean takes over Asiana.