Austral Lineas Aéreas has merged into Aerolinéas Argentinas

Yesterday, Argentina’s 2nd biggest airline, Austral Lineas Aéreas merged into Argentina’s flag carrier, Aerolinéas Argentinas. The merger process began in the beginning of May this year after having failed in previous years. As a consequence of the merger, a new cargo division of Aerlinéas Argentinas will be created as well as a new third-party maintenance […]

Korean Air to absorb Asiana Airlines

Korean flag carrier Korean Air announced during board meetings with its parent company, Hanjin KAL (a South Korean conglomerate that is focused on South Korean shipping and aviation), on Monday, that it is to absorb Asiana Airlines, the 2nd largest airline in South Korea and the 25th largest airline in Asia. The acquisition will create […]

Is Air Transat going to merge with Air Canada?

Air Transat (a Canadian company based in Montreal that is the 3rd biggest airline in the entire country) is Air Canada’s biggest competitor in the long haul market. On Monday, the European Commission announced that it would review, for the second time, the proposed merger of the 2 airlines. It believes that the merger would […]