Japan’s Fair Trade Commission (JFTC) has approved the merger between Korean Air (KE, Seoul Incheon) and Asiana Airlines (OZ, Seoul Incheon). The news leaves anti-trust authorities in just two jurisdictions, the United States and the European Commission, still to green-light the deal. Korean Air calls the Japanese decision “a significant milestone.”

The KRW1.8 trillion won (USD1.35 billion) merger would see Korean Air take a 63.9% stake in Asiana and fold the airline into its own operations. However, the merger was…

Source: ch aviation
Read more: Japan greenlights Korean Air – Asiana merger