Korean Air to buy virus-hit Asiana, emerge as world’s 10th-largest airline
SEOUL: Korean Air Lines Co., South Korea’s biggest carrier, said Monday that it will buy its smaller local rival Asiana Airlines Inc. in a deal valued at 1.8 trillion won ($1.62 billion) that would create the world’s 10th-biggest airline by fleets, Yonhap news agency reported. Korean Air plans to buy new shares worth 1.5 trillion […]
