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Korean Air Co. said August 7, 2024 it signed a tentative agreement valued at 470 billion won (US$341.7 million) to sell the cargo business division of Asiana Airlines Inc. to Air Incheon. [ 49 ] On 12 December 2024, Reuters reported that Korean Air has announced the completion of the purchase of debt-laden Asiana Airlines in a deal worth 1.5 ...
Shanghai Airlines Cargo; Uni-Top Airlines India. Air India Cargo; Aryan Cargo Express; Crescent Air Cargo; Deccan 360; Elbee Airlines; Hinduja Cargo Services Indonesia. Megantara Air Iran. Fars Air Qeshm Japan. ANA & JP Express; Orange Cargo Kazakhstan. Almaty Aviation Malaysia. Transmile Air Services Philippines. Pacific East Asia Cargo ...
As of December 2024, Asiana Airlines offers regular passenger and cargo service to over 80 destinations (except seasonal charter destinations) in 26 countries from its two hub airports, Incheon International Airport and Gimpo International Airport in South Korea. Outside South Korea, the countries with the largest airports served by Asiana ...
Philippine Airlines also maintains integrated airport ground handling services, cargo operations and a full catering service for it and other airlines. [159] This is composed of PAL Airport Services, Philippine Airlines Cargo and the PAL Inflight Center.
The merger of Korean Air and Asiana Airlines was a policy announced by the Government of South Korea in November 2020, which resulted in Korean Air absorbing Asiana Airlines creating a dominant carrier in South Korea. [1] The merger was completed on December 12, 2024 following approval from fair-competition authorities globally. [2]
Located 48 km (30 mi) west of Seoul, the capital and the largest city of South Korea, Incheon International Airport is the main hub for Korean Air, Asiana Airlines, Jeju Air, and Polar Air Cargo. The airport is a hub for international civilian air transportation and cargo traffic in East Asia.
In 2008, a consortium led by Kumho Asiana Group was selected as the preferred bidder to buy Korea Express. [3] Kumho Asiana, a South Korean conglomerate that operates Asiana Airlines , acquired Korea Express for 4.1 trillion won (US$ 4.34 billion) to expand its cargo business into the inland transportation business.
A Boeing 777F of FedEx Express, which is the largest cargo airline in the world. A Boeing 747-400F of Cargolux. Cargo airlines (or air freight carriers, and derivatives of these names) are airlines mainly dedicated to the transport of cargo by air. Some cargo airlines are divisions or subsidiaries of larger passenger airlines.