AirZeta, formerly known as Air Incheon, has officially completed the acquisition of Asiana Airlines’ cargo divisionand begun operations under its new identity. The transaction, valued at $322.5 million, was finalized on 1 August 2025, following the formal transfer of all rights and obligations related to Asiana’s international freighter cargo operations the day before.
U.S. President Donald Trump has announced a new wave of tariffs targeting nearly all of the United States’ major trading partners, signaling a dramatic escalation in the administration’s protectionist trade policy. The measures include a 34% tariff on imports from China and a 20% tariff on European Union goods, among other significant trade barriers.
The European Union Aviation Safety Agency (EASA) has issued a warning to airlines, advising them to avoid flying over certain Russian cities. This advisory comes in the wake of a fatal incident involving an AZAL Azerbaijan Airlines E190, which was reportedly shot down by Russian forces.
Legend Airlines, a Romanian-based carrier, has been granted a foreign air carrier permit by the US Department of Transportation (DOT). This approval enables the airline to operate flights between the European Union (EU) and the United States, marking a significant milestone in the airline’s expansion plans.
Korean Air and Asiana Airlines are optimistic about receiving European Union (EU) regulatory approval for their merger by early November 2024.
