Korean Air ‘100% In’ to Make Asiana Merger Happen, CEO Says

June 6, 2023, 4:01 AM UTC

The head of Korean Air Lines Co. said he is willing to make concessions to international regulators so the carrier’s merger with Asiana Airlines Inc.can go through.

“We are in this 100%, we will make it happen regardless of what we have to give up,” Chief Executive Officer Walter Cho said Monday in an interview with Bloomberg Television at a global aviation gathering in Istanbul. “I feel strongly, I’m going to push it all the way.”

WATCH: Korean Air CEO Cho talks about the planned merger with Asiana., which faces resistance from regulators in the US, Europe and Japan.
Source: Bloomberg

The plan to combine with national rival Asiana in a 1.8 trillion won ($1.4 billion) deal, announced in 2020, has faced resistance ...

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