Asiana cargo attracts LCCs

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Saturday, 02 March 2024

The sale of Asiana Airlines' cargo business has attracted offers from four South Korean low-cost carriers (LCCs), namely Jeju Air, Eastar Jet, Air Premia and Air Incheon.

A sale will help clear Asiana to be acquired by Korean Air. EU antitrust authorities ruled the cargo business had to be sold before approving the Korean Air deal.