Skyteam’s Korean Air Will Buy Struggling Star Alliance Carrier Asiana Airlines
Filed under Flight
Korean Air’s board has approved spending $2.3 billion to purchase Asiana Airlines. With the purchase of their Korean rival, they will be the dominant Korean carrier. The airline will face antitrust issues, but these aren’t normal times. Regulators should be more willing to give the merger a pass as opposed to letting Asiana fail. I’d […]