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Green light for Korean Air-Asiana merger

Japanese antitrust authority approves 1.2 billion euro deal

Japan Fair Trade Commission (JFTC) has approved the merger between South Korean airlines Korean Air and Asiana Airlines. This is the 12th approval by a competition authority out of the 14 needed to make effective the agreement between the two companies, signed in November 2020. The deal worth 1.2 billion euros. Dialogue is underway with the remaining two authorities: those of the European Union and...

Gic - 1256360

AVIONEWS - World Aeronautical Press Agency
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