News Snapshot:
Korean Air wins Turkish approval for Asiana Airlines acquisition Share Korean Air plans to buy a 63.9% stake in Asiana for $1.3bn. Credit: Rattaphol Kerdkaen via Flickr. Sign up here for GlobalData's free bi-weekly Covid-19 report on the latest information your industry needs to know. The Turkish Competition Authority (TCA) has reportedly given its approval for the proposed acquisition of Asiana Airlines by Korean Air. The approval follows after the South Korean flag carrier submitted documents last month to seek approvals for the acquisition from antitrust authorities in the EU and eight countries, including South Korea, the US, China and...
