Korean Air’s $1.4 Billion Asiana Airlines Merger Clears Second Hurdle: Implications and Complexities

In a significant evolution for the regional aviation industry, Korean Air’s $1.4 billion merger with Asiana Airlines recently cleared a second final merger clearance, paving a green line towards the completion. The deal is being advised by some of the biggest legal players in the industry, inclusive of Jones Day, Allen & Overy, DLA Piper, O’Melveny & Myers, Shin & Kim, and Kim & Chang. For a deeper dive into the implications of this merger and the various complexities of the ongoing process, visit the original coverage.