KOREAN AIR GETS OVERSEAS APPROVAL FOR THE ACQUISITION OF ASIANA AIRLINES

Highlights –

• Korean Air gets overseas approval for the acquisition of Asiana Airlines.
• Korean Air last week received its first approval from Turkey.
• Korean Air is yet to seek approval from 8 other countries.
• The airline plans to sell 3.3 trillion won (US$3 billion) worth of new stocks.

On Wednesday, Korean Air Lines Co., South Korea's biggest carrie....