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The Aeroplan® Credit Card earns points directly, or you can transfer flexible points to Aeroplan. Using Aeroplan credit cardsThe Aeroplan® Credit Card is the only U.S. credit card that earns Aeroplan points directly. Aeroplan® Credit Card cardholders can also redeem Aeroplan points toward any eligible travel purchase through Chase Pay Yourself Back. So if you transferred 60,000 Marriott Bonvoy points, you'd end up with 20,000 Aeroplan points, plus a 5,000-point bonus for a total of 25,000 Aeroplan points. Aeroplan Rewards frequently asked questionsHow can I earn Aeroplan points without flying?

Persons: we'll, Aeroplan, Chase, It's, cardholders, Uber, Wiley, Julie Mehretu, Peacock, Uber Cash, you’re, Bilt, Experian, TransUnion ™, Equifax, —, Hilton Organizations: Business, Business †, Marriott, Air Canada, Star Alliance, Read, Rewards, Canada, United Airlines, Lufthansa, ANA, Air, Air Canada Flying Air, Travelers, Air Canada Partner Airlines Aegean Airlines Aer Lingus Air China Air, Air Dolomiti Air India Air Mauritius Air New Zealand Air Serbia All Nippon Airways, Austrian, Avianca Azul, Airlines Bamboo Airways, Calm, North Cathay, Central Mountain Air Copa Airlines Croatia Airlines Egyptair Emirates Ethiopian Airlines Etihad Airways, GOL, Air Juneyao Airlines, Polish Airlines Lufthansa Middle East Airlines Olympic Air Oman Air PAL Airlines Scandinavian Airlines Shenzhen Airlines Singapore Airlines South African Airways SriLankan Airlines, TAP Air, Turkish Airlines United Virgin Australia Vistara, United, Air New Zealand, American Express, Chase, FDIC, Singapore Airlines, Global, TSA, Express, Hilton, Saks, Entertainment, Disney, ESPN, The New York Times, Street, American, Walmart, Saks Fifth, Capital, One, Premier, Chase Travel, Sapphire, Hotel, Chase Sapphire Reserve, Aeroplan, ™ Card, Mastercard, Alliance, Coast Hotels, Hilton Honors, Radisson, Wyndham, Avis, Budget, Apple, JetBlue, Fly United, All Nippon Airways Locations: Canada, Canadian, United, Air Canada, Air Canada Flying Air Canada, U.S, cardholder, Singapore Airlines ., rideshares, Hulu, Aeroplan, Alaska, Hyatt, America, Mexico, Central America, Caribbean, Europe, East, Africa, India, Asia, Oceania, Australia, New Zealand, South America, North America, West Coast, Hawaii, Seattle, Vancouver, Tokyo, Frankfurt, Chevron

The information for the following product(s) has been collected independently by Business Insider: American Express® Green Card, Amex EveryDay® Credit Card, Amex EveryDay® Preferred Credit Card, Hilton Honors American Express Aspire Card, Marriott Bonvoy Boundless® Credit Card. History and overview of the Amex Membership Rewards programThe Amex Membership Rewards program debuted way back in 1991 with just seven U.S. airline partners. In this comprehensive guide, we'll show you how to transfer American Express points for travel, and teach you our best tips for maximizing value for Amex Membership Rewards transfers. We'll also walk you through Amex points transfer ratios and policies, point out the best Amex airline transfer partners, and walk you through transferring Amex points to hotel loyalty programs. The best cards for earning American Express Membership RewardsThe Platinum Card® from American Express Apply now lock icon An icon in the shape of lock.

Persons: Hilton, Chase, We'll, Uber, Wiley, Julie Mehretu, Peacock, Uber Cash, you've, Marriott, Asia Miles, Air Canada Aeroplan Air Canada Aeroplan, Aeroplan, that's, it's, you'll, we've, Avianca, Conrad, It's Organizations: Business, Hilton Honors, Marriott, Strategic, Delta, Air Canada, Read, Citi, American Express, American, Express, Hilton, Saks, Entertainment, Disney, ESPN, The New York Times, Street, Walmart, TSA, Global, Saks Fifth, Airline, Aer Lingus, Aeromexico Club, Air Canada Aeroplan Air France, KLM Flying Blue ANA, Avianca, British Airways Executive Club Cathay, Asia Miles Delta, Emirates Skywards Etihad Airways, Program, Airlines, Iberia, JetBlue, Qantas Frequent Flyer Singapore Airlines, Virgin Atlantic Flying Club, Air Canada Aeroplan Air Canada, Star Alliance, Lufthansa, SWISS, ANA, France, KLM, Blue, Air France, Kenya Airways, TAROM, Korean Air, All Nippon Airways, SAS, TAP Portugal, British Airways Executive, British Airways, American Airlines, Alaska Airlines, Cathay, Qantas, JAL, British Airways Executive Club, Europe . Cathay, American Airlines AAdvantage, Qatar Airways, JFK, Virgin, Etihad, Air New Zealand, Royal Air Maroc, Etihad Guest . Singapore Airlines KrisFlyer Singapore Airlines, North, United, Air, Singapore Airlines, Virgin Atlantic Flying Club Virgin Atlantic Flying, Virgin Atlantic, Aeromexico, Club, Avianca's Star Alliance, Emirates Skywards, Hawaiian Airlines, Qantas Frequent, Diamond, Hilton Resorts, Waldorf Locations: Hulu, Asia, North America, Atlantic, Pacific, South America, Vancouver, Seattle, Tokyo Haneda, Europe, West Coast, Canada, Hawaii, Newark, Cape Town, Johannesburg, Australia, Miami, Dallas, Caribbean, Los Angeles, San Francisco, Tokyo, Boston, Dublin, Iberia, Europe . Cathay Pacific Asia, Hong Kong, Alaska, Amex, Doha, Chicago , New York, Philadelphia, Delta, SkyTeam, Morocco, Abu Dhabi, Air Canada, Singapore, New York, JFK, Frankfurt, Japan, Emirates

☆ World’s best airline for 2024 named by Skytrax
▼ + stars: | 2024-06-24 | by ( Barry Neild | ) edition.cnn.com time to read: +7 min

We look forward to more wins in the future.”Close-run contestSaudia was named by Skytrax as winner of the World's Most Improved Airline award. Singapore also won for Best First Class service and Best Airline in Asia. ANA, meanwhile, picked up the accolade for World’s Best Airport Services, as well as Best Airline Staff Service in Asia. Saudia was named World’s Most Improved Airline, beating Taiwan’s Starlux and Iceland’s Play into second and third places. Delta Air Lines was declared the Best Airline in North America, also picking up the award for Best Airline Staff Service for the region.

Persons: weren’t, ”, Edward Plaisted, Badr Mohammed Al, Meer, Saudia, Skytrax, Nicolas Economou, Tan, Tan Pee Teck, Taiwan’s Starlux, Singapore’s Scoot, Tony Fernandes, “, ISMOYO, Vistara, airBaltic Organizations: CNN, Qatar Airways, Hamad International, Dubai, Boeing, Airbus, Singapore Airlines, Dubai’s Emirates, ANA All Nippon Airways, Hong, Cathay Pacific, Japan Airlines, Turkish Airlines, Air France, Swiss International Airlines, Singapore, Best, ANA, World’s Best, Services, Best Airline Staff Service, AirAsia, Airline, Airasia, Rai International, Getty, Bangkok Airways, Fiji Airways, Ethiopian Airlines, Hainan Airlines, China . Delta Air Lines, Airlines, Emirates, Cathay, Air, Swiss International Air Lines, Korean, British Airways, Iberia, Virgin, Lufthansa, Etihad Airways, Saudi, Saudi Arabian Airlines, Garuda, Cathay Pacific Airways, Thai Airways, Malaysia Airlines, Transavia, Vueling Airlines, Ryanair, SKY, JetSMART, Aegean Airlines, Azerbaijan Airlines, Rex Airlines, Azul, Royal Air Maroc, Porter Airlines, . Alaska Airlines, Hong Kong Airlines, Asiana Airlines, China Airlines, Korean Air Locations: Qatar, London’s, Abu Dhabi, Qatar’s, Tan Pee, Asia, Denpasar, Bali, AFP, India, Australia, Pacific, Eastern, China ., North America, Singapore, Air France, Saudi Arabian, Garuda Indonesia, Transavia France

☆ Flying is getting scary. But is it still safe?
▼ + stars: | 2024-03-24 | by ( Chris Isidore | ) edition.cnn.com time to read: +9 min

Another Boeing jet plunged so severely that passengers were thrown onto the ceiling of the cabin, leaving dozens so injured they need to be hospitalized upon landing. Carlos Avila Gonzalez/The San Francisco Chronicle/Getty Images/FileHowever, other forms of flying are not nearly as safe. “Taking the Max out of the equation, (flying has) been proven to be pretty darn safe,” he said. A year ago, the discussion about air safety wasn’t focused on Boeing planes. “The gold standard is melting down, because we continue to try to downplay everything and talk about how safe the system is.

Persons: Kardashian, ”, Anthony Brickhouse, “, it’s, Carlos Avila Gonzalez, Ed Pierson, Max, Pierson, ” Brickhouse, We’ve, That’s, Brickhouse Organizations: New, New York CNN, Alaska Airlines, Boeing, Japanese Coast Guard, Embry, Riddle Aeronautical University, Asiana Airlines, San Francisco International, San Francisco Chronicle, Railroads, Amtrak, Foundation for Aviation Safety, Max, Alaska Air, National Transportation Safety Board, FedEx, an Air Canada, San Francisco International Airport, NTSB, Air Canada, “ Pilots Locations: New York, Tokyo, Buffalo , New York, United States, San Francisco, Southwest, Alaska, “, Hawaii

☆ Please don't: People keep trying to open the exits on South Korean planes in mid-air, and airlines are asking them to stop
▼ + stars: | 2023-12-01 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

There have been three incidents with emergency exits on South Korean airlines in the last six months. There will be a pre-flight warning telling passengers not to open the emergency exits mid-flight, per JoongAng Daily. AdvertisementAfter three incidents in the last six months, South Korean airlines will have to warn passengers not to open the emergency exits mid-flight, according to local outlet JoongAng Daily. According to South Korea's Aviation Security Act, tampering with emergency exits is punishable by up to 10 years in prison. AdvertisementIt's not the first measure that South Korea has introduced to try to prevent further incidents.

Persons: —, hyperventilation Organizations: Service, JoongAng Daily, South Korea's Aviation Security, Korea Times, Asiana Airlines, Guardian, Korean Locations: Korea, Philippines, South Korea, New York, Incheon

Analysts said, however, that Asiana's greenlighting of the cargo unit sale did not necessarily ensure smooth sailing ahead for the deal. They noted the desired valuation for the air cargo unit of some 700 billion won ($520 million) including debt, as reported by local media, was probably too high. Approving the sale was a contentious issue at Asiana amid concerns that a takeover by Korean Air would lead to the loss of many Asiana jobs. Korean Air also said it will buy 300 billion won of convertible bonds issued by Asiana, part of fresh financial support to the smaller airline. The company accounts for about a fifth of South Korea's market for overseas air cargo.

Persons: Bae, Asiana, IAG, 1,342.9900, Joyce Lee, Heekyong Yang, Hyunsu Yim, Edwina Gibbs Organizations: Asiana Airlines, Korean Air Lines, Korean Air, country's, European, Analysts, Hi Investment, Securities, European Union, European Commission, Air, Lufthansa, ITA Airways, British Airways, Spanish, Korea Development Bank, Asiana, Thomson Locations: SEOUL, KS, Korean, Union, United States, Japan, Asiana, Iberia, Germany, Russia

☆ Asiana Airlines shares jump ahead of board meeting on merger with Korean Air
▼ + stars: | 2023-10-30 | by ( ) www.reuters.com time to read: +1 min

If approved, the move might help South Korea's biggest carrier Korean Airlines (003490.KS) to win European Union antitrust approval for acquiring Asiana Airlines. Asiana Airlines said on Friday that it would hold a board meeting on Monday to discuss whether to accept Korean Air's proposal to the EU, according to its regulatory filing. Reuters reported earlier that Korean Air would offer to sell Asiana's air cargo business and divest routes to four EU cities. Separately, Korean Air will convene a board meeting on Monday, said a company official who declined to share further details. At the board meeting, the carrier is expected to finalise a revised proposal to gain EU approval for its merger with Asiana Airlines, Maeil Business Newspaper reported.

Persons: Heekyong Yang, Ed Davies Organizations: Korea's Asiana Airlines, Korean Air Lines, Korea's, Korean Airlines, Asiana Airlines, Reuters, Korean Air, Maeil Business, Thomson Locations: SEOUL, Korea's, KS, Asiana

☆ China lifts ban on group travel to more than 70 locations, giving a boost to travel stocks
▼ + stars: | 2023-08-10 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

China lifted a ban on group tours to more than 70 locations, giving travel and airline stocks in Asia a boost. China's culture and tourism ministry said Thursday that group tours will resume to over dozens of locations in Asia-Pacific, Europe, Africa and North America. South Korean airline and travel stocks saw the strongest reaction, with tour agency, airline and hotel stocks all surging. Travel agency Lotte Tour Development saw its shares spike more than 25%, while shares of luxury hotel operator Hotel Shilla surged 17%. South Korean airlines also saw gains, with Asiana Airlines climbing 7% and Korea Airlines advancing 3.1%.

Organizations: North America, Travel, Lotte Tour Development, Asiana Airlines, Korea Airlines Locations: Seoul, China, Asia, Pacific, Europe, Africa, North, Japan, South Korea, Australia, United Kingdom, Germany, Finland, Sweden, Qatar, Oman, Lebanon, Israel

☆ 4 South Korean airlines will give emergency exit seats to uniformed workers in a new scheme after a passenger opened a door 700 feet in the air
▼ + stars: | 2023-08-01 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

An Asiana Airlines passenger made headlines in May as he opened an emergency exit in mid-air. Now, four South Korean airlines are trying to prevent this happening again, per The Korean Times. In May, an Asiana Airlines flight was coming in to land when a passenger opened the emergency exit door at an altitude of 700 feet, minutes before landing. The newspaper reports that uniformed personnel including police officers, soldiers, firefighters, and airline employees, will have priority for seats in the emergency exit row. Park told reporters it would apply to 94 seats in 38 aircraft operated by Asiana Airlines, Air Seoul, Air Busan and Aero K Airlines.

Persons: hyperventilation Organizations: Asiana Airlines, Korean Times, Morning, Korea Times, Guardian, Power Party, Air, Air Busan, Aero K Airlines, Los Angeles International Airport Locations: Air Seoul, Bulgaria

Seoul/ Hong Kong CNN —A 19-year-old Korean man tried to open a plane door mid-flight after complaining that he felt “pressure” on his chest, but luckily, the cabin crew stopped him. The door stayed closed and the plane was left undamaged, and none of the 180 passengers on board were harmed in the incident, the airline added. The passenger was handed over to police at Seoul’s Incheon Airport at 7:30 a.m. local after the plane landed on Monday, June 19. Police brought the man for questioning and he has so far not provided a motive for his actions, Incheon Airport Police told CNN. While the passenger’s attempt was foiled this time, the incident comes barely a month since someone actually opened a plane door on a Korean carrier.

Persons: “ Organizations: Hong Kong CNN, Jeju Airlines, Incheon Airport, Police, Incheon Airport Police, CNN, Asiana Airlines, Korean Air subsidiary Jin Air Locations: Seoul, Hong Kong, Cebu, Philippines, South Korea, ”, Korean, Daegu

☆ Asiana Airlines: 'I wondered what I'd done wrong in life,' says man next to passenger who opened plane door
▼ + stars: | 2023-06-09 | by ( Paula Hancocks | ) edition.cnn.com time to read: +4 min

The passenger he was sat next to on a recent Asiana Airlines flight allegedly opened the plane’s emergency door – while it was still in the air. He’d been watching YouTube on his mobile phone when the door opened and an intense wind hit him, blowing away his hat and headphones and making it hard to breathe. Glancing across at the man sat next to him, Lee noticed that he “seemed tense” and both men were “trembling with fear.”Footage taken from inside the Asiana Airlines plane shows the terrifying moment the door opened midair. Injured Asiana Airlines passengers are taken to Daegu hospital after a door on the plane opened mid-air. Aircraft doors can usually only be opened upon touchdown.”Lee says he hasn’t heard from Asiana Airlines since the incident.

Persons: Lee Yoon, ”, Lee, He’d, ” Lee, –, hasn’t, I’ve, I’m, he’s Organizations: South Korea CNN, Airlines, YouTube, Police, Asiana Airlines, Daegu Fire, Investigations, Airbus, Aircraft Locations: Seoul, South Korea, Jeju, Daegu, hyperventilation

☆ Man who sat next to a plane passenger accused of opening a door mid-flight says it reminded him of a disaster movie
▼ + stars: | 2023-06-09 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +3 min

A video captured the moment an Asiana Airlines passenger opened the emergency exit door mid-flight. The man sitting next to the passenger told CNN that he thought he was going to die. A man who sat next to an Asiana Airlines passenger accused of opening a plane door mid-flight last month said it reminded him of a disaster movie. Lee also said that the man sitting next to him "seemed tense" and that both of them were "trembling with fear." Lee told CNN that he feels like he's "been born again" after the incident.

Persons: Lee Yoon, Lee Organizations: Airlines, CNN, Asiana, Airbus, Daegu International Airport, Associated Press, AP Locations: Jeju, Daegu

☆ Travel news: Best airlines, city break inspirations and ambitious bridges
▼ + stars: | 2023-06-03 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +4 min

CNN —In CNN Travel’s latest news roundup, we bring you the world’s best airlines for 2023, city break inspiration from Texas to Mongolia to Ecuador and why China might have overstretched itself by building a 15-mile, $6.7 billion bridge. Air New Zealand – which just topped a list of 2023’s best airlines – is on the case by asking all of its international departing travelers to hop on the scales as part of a passenger weight survey, the results of which are thankfully anonymous. Destination inspirationPop quiz: What was the world’s first capital city be listed as a UNESCO World Heritage Site? And now that the country’s president has vowed to revitalize the city, the future’s looking bright, too. Here’s our roundup of 20 of the world’s best nude beaches.

Persons: CNN —, CNN Travel’s, Genghis, Kublai, it’s, Richard Linklater’s, Matthew McConaughey’s, San, Trevi Fountain, Venice, ”, Mount Everest’s Organizations: CNN, Air, Zealand, Federal Aviation Administration, Airbus, UNESCO, Developers, Pride Locations: Texas, Mongolia, Ecuador, China, United States, America, Rome, Athens, Quito, Inca, Karakorum, Austin , Texas, Bay Area, San Francisco, New York, Rwanda, Kigali, Dubai, Nantucket, Mount

☆ An Asiana Airlines passenger says he thought he was going to die when his flight's emergency door was opened mid-flight
▼ + stars: | 2023-05-30 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +2 min

A man who sat next to the person accused of opening a door on an Asiana Airlines flight feared for his life. Lee Yoon-Joon told South Korea's Yonhap News Agency that he wondered whether he would die. Lee Yoon-Joon spoke out about last week's in-flight incident to South Korea's Yonhap News Agency, saying that he "thought, am I going to die?" An Asiana Airlines representative told CNN that the flight was about 700 feet above the ground when the emergency exit door was opened, causing panic to ensue. An arrest warrant was issued by a South Korean court for the man suspected of opening up the door, according to Reuters.

☆ Asiana Airlines to stop selling seats near emergency exit on Airbus A321s
▼ + stars: | 2023-05-29 | by ( Yoonjung Seo | ) edition.cnn.com time to read: 1 min

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☆ Asiana Airlines will stop selling exit row seats on some of its Airbus A321 jets after a man opened an emergency door during flight
▼ + stars: | 2023-05-29 | by ( Taylor Rains | ) www.businessinsider.com time to read: +3 min

South Korean carrier Asiana Airlines has stopped selling certain exit row seats on its A321-200 planes. Window exit row seats 26A and 31A will no longer be bookable, according to Asiana. The carrier said the move was out of precaution after a passenger opened a door during landing on Friday. South Korean carrier Asiana Airlines said it will no longer sell certain exit row seats on all of its Airbus A321-200 jets after a passenger opened an emergency door in flight, Al Jazeera reported. On both planes, certain exit row window seats on the left-hand side of the cabin will no longer be bookable.

☆ South Korean court issues warrant for man who opened Asiana plane door mid-air, Yonhap reports
▼ + stars: | 2023-05-28 | by ( ) www.reuters.com time to read: +1 min

SEOUL, May 28 (Reuters) - A South Korean court issued an arrest warrant on Sunday for a passenger who opened an Asiana Airlines (020560.KS) plane door minutes before it landed in Daegu, South Korea, Yonhap News Agency reported. The Daegu District Court issued the warrant for him on charges of violating the Aviation Security Act, saying there was a risk he may try to flee before trial. Lee said he opened the door because he wanted to get off the plane quickly. "I feel really sorry for the kids," he told reporters as he was escorted to the Daegu court for a hearing on Sunday, apparently referring to students who were on board and taken to hospital with breathing issues. Asiana stopped sales of the seats closest to the exit on the A321-200 airbus model starting on Sunday, Yonhap said.

☆ Passenger says he was suffering job-loss stress when he pulled open a plane's emergency door mid-flight causing panic, report says
▼ + stars: | 2023-05-27 | by ( Bethany Dawson | ) www.businessinsider.com time to read: +2 min

A man who opened the door of a plane in mid-air said he "wanted to get off quickly." A South Korean news agency reported that the man also told police he felt "suffocated." The agency reported that the man, who was in his 30s, told police he felt "suffocated" and was struggling with stress after losing his job. Video footage of the incident showed wind roaring through the cabin as the door hung open while the plane was coming into to land, per Yonhap News Agency. Those sitting near the exit must have been shocked the most," the mother of one of the pupils told Yonhap.

SEOUL, May 27 (Reuters) - A passenger on an Asiana Airlines (020560.KS) flight told police he opened a door on the plane minutes before it landed in Daegu, South Korea, on Friday because he was "uncomfortable", Yonhap News Agency reported. He told police that he opened the door because he "wanted to get off the plane quickly," Yonhap said on Saturday, citing the Daegu Dongbu Police Station. The man opened the door when the plane was about 700 feet (213 metres) above the ground, causing panic onboard. [1/2] Asiana Airlines' Airbus A321 plane, of which a passenger opened a door on a flight shortly before the aircraft landed, is pictured at an airport in Daegu, South Korea May 26, 2023. Police sought an arrest warrant for the detained man on Saturday for violation of the Aviation Security Act and other offences, Yonhap said.

☆ Children screamed and cried and passengers heard a loud bang after a man opened the emergency exit door during an Asiana Airlines flight
▼ + stars: | 2023-05-27 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +2 min

A man was arrested this week for opening an emergency exit door during a flight in South Korea. As winds whipped through the cabin, a group of children screamed and cried, according to a local outlet. Children screamed and cried, and passengers heard a loud bang, after a man opened the emergency exit door during a flight on Friday, according to local reports. "The children were very surprised, screamed, cried and quivered," one of the kids' teachers told KBS News. The man who opened the emergency exit door was arrested upon landing.

☆ US weighs suit against Korean Air’s planned acquisition of Asiana -Politico
▼ + stars: | 2023-05-19 | by ( ) www.reuters.com time to read: +3 min

May 18 (Reuters) - The U.S. Justice Department is considering suing to block Korean Air's (003490.KS) planned acquisition of Asiana Airlines (020560.KS), Politico reported on Thursday. In response to the report, Korean Air said the Justice Department had not made any official decision, adding the South Korean airline would continue its dialogue with the U.S. government until a final decision is made. "Korean Air has made, and continues to make, every effort to obtain all necessary approvals," the company said in a statement to Reuters. EU antitrust regulators said on Wednesday that Korean Air Lines' proposed acquisition of rival Asiana may restrict competition in passenger and cargo air transport services between Europe and South Korea. The merger between South Korea's no.1 and no.2 airlines would see Korean Air become the biggest shareholder in indebted Asiana.

☆ U.S. weighs suit against Korean Air’s planned acquisition of Asiana, Politico reports
▼ + stars: | 2023-05-18 | by ( ) www.reuters.com time to read: +1 min

May 18 (Reuters) - The U.S. Justice Department is considering suing to block Korean Air's (003490.KS) planned acquisition of Asiana Airlines (020560.KS), U.S. news website Politico reported on Thursday. The U.S. Department of Justice has been investigating the November 2020 deal for roughly two years, and is concerned that it will hurt competition on overlapping routes to the United States, the report said citing three people with knowledge of the deliberations. EU antitrust regulators also said on Wednesday that Korean Air Lines' proposed acquisition of rival Asiana may restrict competition in passenger and cargo air transport services between Europe and South Korea. The deal, announced by Korean Air in late 2020, would see it become the biggest shareholder in indebted Asiana, the biggest shake-up in the country's aviation industry in nearly three decades. Reporting by Kanjyik Ghosh in Bengaluru; Editing by Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.

☆ Korean Air's Asiana bid may restrict competition -EU regulators
▼ + stars: | 2023-05-17 | by ( Foo Yun Chee | ) www.reuters.com time to read: +1 min

BRUSSELS, May 17 (Reuters) - Korean Air Lines's (003490.KS) proposed acquisition of rival Asiana (020560.KS) may restrict competition in passenger and cargo air transport services between Europe and South Korea, EU antitrust regulators said on Wednesday. The European Commission said it had sent a statement of objections outlining its concerns, confirming a Reuters story last week. The EU competition enforcer said it had sought feedback from rival airlines, potential market entrants and customers on the potential impact of the deal. "The transaction may reduce competition in the provision of passenger transport services on four routes between South Korea and France, Germany, Italy and Spain," it said in a statement. It said the deal may also reduce competition in the provision of cargo transport services between all of Europe and South Korea.

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