SEOUL, April 4 (Korea Bizwire) — Asiana Airlines Inc., South Korea’s second-biggest carrier, said Monday it has resumed flights to Hawaii as authorities eased travel curbs this month. Asiana reopened its Incheon-Honolulu route on Sunday, 25 months after its suspension in March 2020 due to the COVID-19 pandemic. The flight resumption comes as fully vaccinated [...]
SEOUL, Feb. 22 (Korea Bizwire) — South Korea’s antitrust regulator said Tuesday it has decided to conditionally approve a deal by Korean Air Lines Co., the country’s biggest carrier, to buy the debt-ridden Asiana Airlines Inc. The Fair Trade Commission (FTC)’s decision does not complete Korean Air’s proposed takeover of the country’s No. 2 carrier [...]
SEOUL, Jan. 4 (Korea Bizwire) — South Korea’s antitrust regulator said Tuesday it will accelerate the review of a deal by Korean Air Lines Co., the country’s biggest carrier, to buy the debt-ridden Asiana Airlines Inc. In November 2020, Korean Air inked a deal to acquire a 63.88 percent stake in its smaller rival Asiana [...]
SEOUL, April 21 (Korea Bizwire) — HDC Hyundai Development Co., a midsized South Korean builder, is unlikely to close a deal soon to buy Asiana Airlines Inc. as planned due to the devastating coronavirus impact on the airline industry, sources said Tuesday. HDC Hyundai Development had planned to complete the overall process to take over [...]
SEOUL, March 24 (Korea Bizwire) — Asiana Airlines Inc., South Korea’s second-biggest airline, on Tuesday unveiled additional self-rescue measures as the spreading coronavirus outbreak wreaks havoc on its business. Asiana Airlines has already suspended most of its flights on international routes as an increasing number of countries close their borders or impose stricter entry restrictions [...]
SEOUL, Oct. 24 (Korea Bizwire) — A Japanese prefecture governor met with Asiana Airlines Inc.’s chief executive officer to discuss ways to keep the route to Miyazaki amid Japan’s export curbs, the company said Thursday. On Wednesday, Miyazaki Prefecture Gov. Kohno Shunji paid a visit to Asiana Airlines in Seoul to exchange views on ways [...]
SEOUL, Sept. 11 (Korea Bizwire) — Four South Korean bidders have made the shortlist in an auction to acquire Asiana Airlines Inc., the country’s second-biggest full-service carrier, industry sources said Wednesday. Cosmetics-to-airline conglomerate Aekyung Group, a consortium formed by Hyundai Development Co. and Mirae Asset Daewoo, another consortium led by local activist fund Korea Corporate [...]
SEOUL, Aug. 7 (Korea Bizwire) — Asiana Airlines Inc. said Wednesday it will suspend flights on the Busan-Okinawa route later this month due to falling demand stemming from a trade row between South Korea and Japan. A series of Tokyo’s export curbs on Seoul has sparked a “Boycott Japan” campaign here against travel to the [...]
SEOUL, Jul. 30 (Korea Bizwire) — Asiana Airlines Inc. said Monday it has introduced a pilot “AI tutor” program using artificial intelligence technology in its English conversation training for cabin crew members. The ‘AI tutor’ is a program that allows people to practice conversational English according to travel and business situations through voice recognition and [...]
SEOUL, Sept. 4 (Korea Bizwire) — Asiana Airlines Inc., South Korea’s second-biggest passenger carrier, is struggling to improve its business amid an ongoing diplomatic row over the deployment of a missile defense system here and increased competition with budget carriers, industry sources said Monday. Under its three-year restructuring plan that ends in December 2018, Asiana [...]