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On 25 July 2019, Kumho Asiana Group, the parent company of Asiana Airlines, officially announced its intention to sell Asiana Airlines for an estimated price of 1.5 to 2.0 trillion won (US$1.26 to 1.68 billion). [25] Asiana Airlines includes subsidiaries Air Busan, Air Seoul, Asiana IDT and other subsidiary companies. [26]
Outside South Korea, the countries with the largest airports served by Asiana Airlines are China with 24, Japan with 9 and the United States with 10. [1] As of July 2020, Asiana Airlines operates between Incheon and 22 cities in China, and along with Korean Air is one of the two largest foreign airlines to operate in the People's Republic of ...
In the United States, an analyst described the merger as a "tie-up between the largest U.S. carrier (Delta Air Lines, who also be the largest stakeholder of Hanjin Group, Korean Air's parent company) to South Korea and the two large South Korean airlines" virtually eliminating competition between the United States and Korea. [67]
Busan International Airlines Co., Ltd. was established in August 2007. [5] In February the following year, the corporate name was changed to Air Busan Co., Ltd. and an investment agreement was signed by the city of Busan and Asiana Airlines. In April 2008 the company ordered its first aircraft, five Boeing 737s.
Airline Image ICAO IATA Callsign Base Commenced operations Alliance Notes Air Incheon: AIH: KJ: AIR INCHEON: Incheon International Airport: 2013: None: Asiana Airlines Cargo: AAR: OZ: ASIANA: Gimpo International Airport Incheon International Airport: 1988: None: Korean Air Cargo: KAL: KE: KOREANAIR: Gimpo International Airport Incheon ...
On 12 December 2024, it was reported that Korean Air has announced the purchase of debt-laden Asiana Airlines in a deal worth US$1.3 billion. The deal enables Korean Air to acquire 63.88% in the second largest airline in the country, becoming the 12 th largest airline in the world by international capacity. [44]
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