SEOUL (Reuters) - South Korean creditors plan to provide 1.6 trillion won ($1.40 billion) in financial support to debt-laden Asiana Airlines Inc, the country's finance minister said on Tuesday, ...

As Korean Air prepares to finalize its acquisition of Asiana Airlines, the aviation industry anticipates unifying South Korea ...

SEOUL (Reuters) - Creditors of Asiana Airlines Inc on Thursday spurned a restructuring plan proposed by parent Kumho Asiana Group, saying it was not sufficient to restore market trust in the indebted ...

More than four years after it was first proposed, the final destination for this ultra long-haul transaction appears in sight. What follows next could prove very interesting indeed. All eyes are on ...

Korean Air said it paid $1 billion for the stake in rival Asiana - Copyright AFP PASCAL PAVANI Korean Air said it paid $1 billion for the stake in rival Asiana ...

It is the first fatal flight for Jeju Air, a low-cost airline founded in 2005 that ranks behind only Korean Air Lines and Asiana Airlines in terms of the number of passengers in South Korea. The ...

Korean Air has completed the acquisition of compatriot Asiana Airlines, after successfully netting a 63.88% ownership stake in the latter. The announcement comes as Korean Air made a final payment of ...

The passengers included two Thai nationals and the rest are believed to be South Koreans, according to the transportation ministry. It was the first fatal flight for Jeju Air, a low-cost airline ...

The Asiana brand will continue to fly while Korean Air works toward completing the integration of the two airlines. Photo Credit: Thiago B Trvisan/Shutterstock Korean Airlines has completed its ...