DALLAS – The Australian Competition and Consumer Commission (ACCC) has given the green light for the merger of Korean Air (KE) and Asiana Airlines (OZ).
The two carriers are currently the only operators of passenger and cargo flights between Seoul, South Korea and Sydney, Australia. However, the pair will soon have competition from Qantas (QF) and Jetstar (JQ), who will commence services on the route from November 2022.
ACCC Chairperson Gina Cass-Gottlieb said, “The acquisition will combine the only two current providers of direct flights between Sydney and Seoul. Critically, however, Qantas and Jetstar will shortly be commencing services on this read more ⇒
Source:: “Airways Magazine”