Monday, November 16, 2020

Korean Air to take over troubled Asiana Airlines for $1.6 bn

South Korean flag carrier Korean Air said Monday it will buy out its smaller, troubled rival Asiana Airlines in a $1.6 billion deal as it looks to consolidate with the global aviation sector devastated by the coronavirus pandemic.

source https://techxplore.com/news/2020-11-korean-air-asiana-airlines-bn.html