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T’way Air Postpones Meeting to Finalize Daemyung Sono Deal

ByAdmin

T’way Air, a low-cost airline based in South Korea, has postponed its extraordinary general meeting (EGM) to 24 June 2025, thereby delaying the finalization of its proposed acquisition of Daemyung Sono’s management rights. The move follows a delay in the anticipated ruling from the Fair Trade Commission (FTC), which is currently reviewing the proposed corporate combination.

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ANA’s Acquisition of Nippon Cargo Airlines Delayed to April 1, 2025

ByAdmin

ANA Holdings, the parent company of All Nippon Airways (ANA), has announced a postponement of its planned acquisition of Nippon Cargo Airlines (NCA), with the new effective date set for April 1, 2025. This delay is attributed to the ongoing review process by competition authorities in Japan and China.