Asiana Airlines board to reconvene to vote on cargo biz sell
The board of Asiana Airlines Inc., South Korea's second-largest air carrier, plans to reconvene Thursday to vote on whether to sell its cargo business, as Korean Air Co. seeks to win antitrust approval from European Union regulators for the takeover of its smaller rival.
The meeting comes three days after the board of directors failed to reach a conclusion amid disagreements over the sell-off of the business division.
If the board votes to sell the cargo business, it would give Korean Air Co., the larger of the two full-service carriers, a better chance at winning a nod from the European Commission, the EU's executive body, for its takeover of Asiana Airlines.
The EU antitrust regulators have raised concerns that Korean Air's acquisition of Asiana may restrict competition in the markets for passenger and cargo air transport services between the EU and South Korea.
A rejection, on the contrary, could potentially dampen the prospects of the merger deal, which has been pursued for the past three years. (Yonhap)
(责任编辑:부모와 아이)
- Ateez lands on UK chart with 2nd LP, to go on world tour
- ‘北 정찰위성 3차 발사’ 질문에 美 국방부 “계속 모니터링”
- N. Korean envoy rejects report on Hamas using N. Korean arms as 'groundless'
- Jungkook ties record for most Billboard Hot 100 hits as K
- Hyundai, Kia's combined exports set to hit 2 mln in 2023
- Subway car seats to be removed in two subway cars for more space: Seoul Metro
- [Herald Review] ‘Zzz’ lulls audience to sleep through onstage performance
- STX, Triple
- 'Dune: Part Two' to be more action
- LG, Hyundai, YouTube team up for in
- Subway car seats to be removed in two subway cars for more space: Seoul Metro
- STX, Triple
- Culture minister to discuss exchanges with Vatican this week
- Jungkook ties record for most Billboard Hot 100 hits as K
- US trade body finds no patent breaches by Samsung over digital signage: sources
- NCSoft to unveil new titles at G
- Yoon doubles down on cutting national debt in 2024 budget speech
- US lawmaker submits bill requiring Pentagon report on allies' defense contribution
- S. Korea determined to become tourism powerhouse
- 협치 첫 단추 ‘현수막 난립방지법’ 소위 통과
- Korean banks at risk of W3tr in losses in HK views+
- Former Hungarian ambassador receives Gwanghwa Medal views+
- S. Korea, AIIB discuss stronger partnership, new investment chances views+
- Koreans will 'freeze to death' for iced Americanos even in winter views+
- [Herald Interview] Nam Woo views+
- First lady explains S. Korea's dog meat ban plan to Queen Camilla views+
- Tax refund limit to be doubled for tourists views+
- Hyundai Motor to halt Asan factory in Korea for EV factory construction views+
- N. Korea reinstates DMZ guard posts views+
- Yoon replaces spy agency leadership views+