KOREAN Air may give up Asiana Airlines’ cargo division as well as lucrative European slots to win approval of European antitrust regulators to merge with its smaller rival, reports Korea JoongAng Daily. Investigation into Korean Air’s acquisition of Asiana Airlines halted the Korean Development Bank’s betting on a Korean Air-Asiana merger success, said reliable sources. Also, the US Justice Department may sue to block Korean Air-Asiana deal. Korean Air is soon to draft a merger remedy proposal...
https://www.seanews.com.tr/korean-air-mulls-divestment-of-asianas-cargo-arm-to-merge/198502/