Korean Air has agreed to sell off Asiana Airlines' cargo business and support T'Way's European expansion to secure approval from Brussels for the takeover.
Large spans of water and a lack of strategic depth in some countries make airborne early warning assets a valuable commodity for air forces in the region.
The Asiana board says it will meet again in November, after an Oct. 30 meeting about Korean Air’s proposal did not produce a decision on the freighter sell-off.
Korean Air and Supernal have announced a strategic partnership to accelerate the design of an eVTOL vehicle and develop the AAM ecosystem in South Korea.
South Korean LCC T’Way Air could play a role in Korean Air’s proposal to ease concerns from European regulators about the merger of Korean Air and Asiana.
China’s decision to relax outbound tour group restrictions on 78 countries has prompted speculation the country's international air travel recovery has arrived.
As it continues to try to rebuild, Korean Air is restarting one of its pre-pandemic mainland China routes this month, with another two following in September.