TagsKorea

Korean Air moves forward with Asiana integration

Korean Air has finalised a post-merger integration plan with Asiana Airlines after receiving confirmation from the Korea Development Bank. In November, Korean Air signed a deal to acquire Asiana’s new shares and perpetual convertible bonds. After the contract, Korean Air thoroughly conducted due diligence and created the post-merger integration plan, which it submitted to the […]

Bombardier to receive British funds for CSeries exports to Korean

Britain will, for the first time, provide financial support for exports of Bombardier’s CSeries passenger jets to a major Asian airline, weeks after the Canadian plane maker won a trade dispute against its U.S. rival Boeing. The decision, experts say, signifies a power shift in the aerospace industry and is a fresh blow to Boeing […]