Korean Air Acquires Asiana Airlines Rival – AirlineGeeks.com

Last year, Korean conglomerates Hyundai Development Co. and Mirea Asset Daewoo teamed up to bid on Asiana Airlines as they offered $2.1 billion for a 31% stake in Asiana. The beleaguered airline was expected to benefit from Hyundai’s cargo demand. The pandemic resulted in the termination of the transaction.

Wow, big news. We flew Asiana around during our time in South Korea.