Asiana completes sale of cargo business to Air Incheon
And it has closed: Asiana’s cargo business will be part of Air Incheon on 10 ...
The European Commission’s decision to approve the merger of Korean Air and Asiana has taken years of deliberation and investigation to ensure fair competition, The Loadstar understands.
There were two parts to the EC decision: one on the competitive impacts of the merger; and one on the remedy for that, and whether it would work.
The case forced the EC to take something of a deep dive into air cargo, where it discovered that there was a “competition problem”.
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