Korean Air appears close to gaining the clearances to take over Asiana Airlines, which would signal the end of a four-year journey through a regulatory maze.
Strong summer demand and increasing capacity drove revenue increases for Korean Air in Q3, although higher costs caused its net profit for the period to shrink.
Carbon Analysis revisits some previously analyzed Asian airlines. This week All Nippon Airways, China Southern Airlines, IndiGo and Korean Air are in focus.
Korean Air has reached an agreement with Air Incheon regarding the sale of Asiana’s cargo unit, which is expected to be split off after Korean takes over Asiana.
Korean Air plans to begin scheduled services with its first Boeing 787-10 between Seoul and Tokyo Narita, also debuting a new widebody business-class product.