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Singapore approves Korean Air’s business combination with Asiana Airlines

The carrier submitted reports to nine Countries

Korean Air received unconditional approval from the Competition and Consumer Commission of Singapore (CCCS) for its business combination with Asiana Airlines on February 8.Following its assessment, the CCCS has concluded that Korean Air’s acquisition of Asiana Airlines will not infringe Singapore’s Competition Act.Singapore’s competition authority conducted a public consultation in July last year...

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AVIONEWS - World Aeronautical Press Agency