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Korean Air-Asiana merger gets conditional approval
Sunday, 23 Feb, 2022
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South Korea’s competition regulator granted a conditional approval for the Korean Air-Asiana merger.
The Fair Trade Commission green-lighted it on condition the airlines relinquish some slots for routes where they have more than 50% of the market share. Combined, they would operate around 48.9% of international flights from South Korea and 62% of domestic flights.
The merger will see the combined company become the tenth largest airline in the world.
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