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Korean Air strategy: Sell Asiana’s cargo division to secure approvals
On June 17, the Korean Air Board of Directors indicated that Air Incheon had been selected as the preferred bidder for Asiana’s cargo division. The move to sell Asiana’s cargo division, originally announced in September 2023, is intended to address regulatory hurdles brought on by non-competition concerns of Korean Air’s attempt to acquire Asiana’s more lucrative […]
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