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A Korean Air 787-9 being delivered at Boeing's North Charleston, S.C. facility (Photo: AirlineGeeks | Hisham Qadri)

Korean Air Merger with Asiana Delayed Until 2024

The acquisition of Asiana by Korean Air will not be completed by 2022 as was predicted. The main airline of South Korea has delayed the operation until 2024 due to several obstacles the monopoly law and the future operations of low-cost airlines Jin Air, Air Busan and Air Seoul. With this operation, the resulting carrier will be the seventh airline in the world. According to the South Korean government, Korean Air presented an integration plan where Asiana would be acquired…

Two New Korean Airlines Set to Launch Soon

The aviation industry in South Korea is seeing the light at the end of the tunnel, as Air Premia and Aero K, two brand-new budget carriers, are going to launch services as soon as next month. Both airlines were granted their Air Carrier Licenses – which allow for interstate, foreign,…

The AirlineGeeks Podcast Episode 23: Airlines Under Pressure

Thank you for reading the AirlineGeeks Podcast Recap. This article gives a brief look at last week’s episode of our news podcast. For our full analysis of each of these stories, you can listen to The AirlineGeeks Podcast on Spotify, Google Podcasts, Apple Podcasts or through our distributor, Anchor. We…

Korean Air Acquires Asiana Airlines Rival

After being hit hard by the coronavirus for several months, a large merger and acquisition is going to happen in South Korea. Korean Air will acquire a 63.9% stake in Asiana Airlines and its no-frills carrier, Air Busan and Air Seoul for $1.62 billion. The airline will become the world’s…

Aviation-Centered Mergers and Acquisition in South Korea Slow to a…

With COVID-19 raging throughout the world, the aviation industry has experienced its longest battle in decades. In South Korea, mergers and acquisitions have halted since the pandemic began, a development that has proven particularly impactful for the aviation industry and those looking to take part in it. HDC Hyundai Development…

Korean Carriers Seek Financial Support from Government

With the coronavirus pandemic raging through the world, the aviation industry is facing unprecedented times. South Korea, one of the hotspot outside China in Asia, could experience a nightmare scenario. The Korea Civil Aviation Association (KCA) demanded the government offer a bailout package to airlines amid the unparalleled crisis.  KCA…

Asiana LAX-Bound A380 Catches on Fire in Seoul

The engine of an Asiana Airlines Airbus A380 caught on fire during refueling at Incheon International Airport in Seoul on Friday afternoon. The plane, HL7652, was about to carry out flight OZ 202 to Los Angeles International Airport (LAX). Travelers inside the terminal saw smoke and sparks coming from the…

New York-JFK’s Ultra-Modern Aircraft Renaissance: Asiana Airlines Announces A350 Service…

Asiana Airlines announced both in an Instagram post and on its website that it will be sending its Airbus A350-900XWB aircraft to New York in late October. ASIANA350, as the Seoul-based airline referred to its newest ultra-modern aircraft, will be replacing its largest aircraft, the Airbus A380, on the route…