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KDB Industrial Bank Plans Hanjin KAL Stake Sale Post Merger

KDB Industrial Bank, a leading South Korean state-owned financial institution, has confirmed its intention to divest its 10.58% equity stake in Hanjin KAL, the parent company of Korean Air, once the pending merger between Korean Air and Asiana Airlines reaches its conclusion. The earliest timeline for this divestment is projected to be late 2026, depending on regulatory approvals and finalization of the…

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Korean Air Grounds Four A220-300s Due to Engine Issues

Korean Air has confirmed that four out of its ten Airbus A220-300s have been grounded due to ongoing engine-related issues, which are expected to impact its domestic operations during summer 2025. The affected aircraft include serial numbers 55022, 55049, 55019, and 55031.

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Korean Air Nears $32.7B Boeing And GE Deal

Korean Air is nearing the finalization of a major $32.7 billion agreement that will significantly expand and modernize its long-haul fleet. The memorandum of understanding (MOU) includes the acquisition of 20 Boeing B777-9 and 20 Boeing B787-10 aircraft, with options for 10 additional aircraft and up to ten spare engines.

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CALC Leases First A330-200 to Korean Air

China Aircraft Leasing Group Holdings (CALC) (Hong Kong) has completed the lease of its first Airbus A330-200 to Korean Air, further expanding its widebody aircraft portfolio. The lease agreement, finalized in March 2025, represents a significant milestone for CALC, which has traditionally focused on narrowbody aircraft leasing.

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Hanjin Group Confirms Air Busan Will Not Be Sold Separately

Hanjin Group Chairman Cho Won-tae has officially stated that Air Busan (South Korea) will not be sold as a separate entity, reinforcing the group’s commitment to maintaining its aviation portfolio. Amid speculation about potential restructuring or divestment, Cho’s remarks affirm that Air Busan will remain under Hanjin Group’s control, ensuring stability for the airline.

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Korea’s Fair Trade Commission and Transport Ministry to Oversee Korean Air-Asiana Merger Compliance

In the wake of the Korean Air-Asiana Airlines merger, Korea’s Fair Trade Commission (KFTC) and the Ministry of Land, Infrastructure, and Transport (MOLIT) have formalized a business agreement to jointly monitor the implementation of corrective measures required as part of the merger approval process. This cooperation aims to ensure fair competition and compliance with aviation regulations following the integration of Korea’s two largest airlines.

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Airbus Reports 18% Decline in Deliveries for January and February

Airbus has announced its delivery and order figures for the first two months of 2025, reporting a total of 65 aircraft delivered, which marks an 18% decline compared to the same period last year. This drop is attributed to supply chain adjustments and engine delivery delays, with the company prioritizing deliveries toward the latter half of the year.