Hints and tips:
...Korean Air won EU approval for its long-awaited merger with Asiana Airlines after agreeing to sell Asiana’s cargo business and divest routes to four European cities in order to ease antitrust concerns....
...South Korea’s Asiana Airlines said on Thursday that its board had approved the sale of its cargo business, in a bid to win approval from the European Union for a proposed acquisition by Korean Air....
...The Commission is also investigating the impact of the proposed acquisition of Asiana by Korean Air on connectivity between the EU and South Korea....
...Cho also rejected concerns about the flagship carrier’s proposed merger with local rival Asiana Airlines, arguing that it would boost competitiveness in a crowded Asian market....
...Korean media also reported that Asiana Airlines cancelled its flights between Seoul and Taipei, while Hong Kong’s Cathay Pacific said it was “monitoring the developments very closely”....
...The Chinese exercises have disrupted air traffic, with South Korea’s flagship Korean Air cancelling all flights between Seoul and Taipei on Friday and Saturday and its rival Asiana Airlines has also reportedly...
...South Korea’s two biggest carriers, Korean Air and Asiana Airlines, have also said they would ground the jets, according to Yonhap news agency....
...“Things are so gloomy now that finding another job seems really difficult,” said Kim Jung-nam, a 58-year-old baggage handler subcontracting to Asiana Airlines, who lost his job this month....
...Shares of Asiana Airlines shot up more than 20 per cent on Tuesday morning on a media report that SK Group is considering buying the troubled airline - a claim the conglomerate later denied....
Dollar holds gains as Fed chair signals commitment to gradual rate rises
...Another sign is reports of restrictions on commercial baggage on flights to mainland China and Hong Kong by Asiana Airlines of South Korea....
...Shares in the national carrier, Korean Air, were 6 per cent higher, while Asiana Airlines was up 8.1 per cent and Jeju Air added 4.1 per cent....
...Seoul-based Korean Air and Asiana Airlines said they were not planning to adjust their routes because their aircraft do not travel through northern Japan, which the most recent missiles have crossed....
...Groups such as Naver, Kakao and NCSoft have all decamped, as have LG Uplus, Hana Tour and Asiana Airlines. Kosdaq’s powerhouse, Celltrion, is set to move to Kospi early next year....
...In terms of market capitalisation, KAL dwarfs domestic rivals Asiana Airlines and Jeju Air, but it remains far behind regional rivals in mainland China, Japan and Hong Kong....
...In December 2013, a 777 operated by Korea’s Asiana crashed on landing at San Francisco International airport after the pilots misjudged their approach....
...The last time such safety breaches were publicised was after the fatal crash of an Asiana Airlines jet in San Francisco in 2013....
...In the last five years, two cargo aircraft, carrying large shipments of lithium ion batteries, have crashed after onboard fires — a UPS freighter in Dubai in 2010 and an Asiana Airlines freighter in 2011...
...Two others — a British Airways aircraft in 2008 and an Asiana aircraft in 2013 crash-landed at London Heathrow and San Francisco airports, respectively....
...Kumho Asiana, the parent company of Asiana Airlines and Kumho Tire, confirmed on Thursday that its chairman Park Sam-koo is being probed by prosecutors on suspicion of embezzlement, although it declined...
...The only previous passenger fatalities in a 777 incident occurred last year when an Asiana Airlines pilot landed short of the runway at San Francisco International Airport....
...Asiana Airlines will buy at least 14 superjumbo and other airliners from Airbus through 2018 to bolster its long-distance routes as it struggles to compete with budget airlines, its chief executive said...
...Other big groups dealing with similar lawsuits include Asiana Airlines, Daewoo Shipbuilding & Marine Engineering and Samsung Heavy Industries....
..., whose operations range from airlines to construction....
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