Air Incheon named as preferred Asiana cargo bidder

Capt. John

SOUTH Korean budget airline Air Incheon has been named as the preferred bidder to buy Asiana Airlines’ cargo business, Korean Air said, paving the way for a final go-ahead from the EU competition regulator of Korean Air-Asiana merger. Korean Air, South Korea’s biggest carrier, is set to acquire nearly two-thirds of Asiana for about US$1.4 billion, but anti-trust authorities from the European Union stipulated that Asiana’s cargo business must be sold before they will give a full approval. South...

https://www.seanews.com.tr/air-incheon-named-as-preferred-asiana-cargo-bidder/200639/

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