HUGE MERGER - The Korean Air Future
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- Опубліковано 2 лип 2024
- Korean Air is completing a mega-merger with Asiana Airlines to become one of the world's largest airlines, but what does the future hold for the South Korean airline?
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Wow Fascinating! I flew Korean Air in 1987, back then no one knew if it would survive(back then)!
Sad if it happens. Every country should have more than one major international airline to foster competition. I live in Japan, and love how ANA and Japan airlines are always trying to out do each other. As a result, both are 5 star airlines now.
Why does this merger needs approval from the US ?
I was about to ask the same!
I don't get why we have to approve OTHER countries business ventures. Oh wait, we do have a tendency to jump in everbodies wars, also. I'm 65 and still don't get that.
For FREEDOM 🇺🇸🇺🇸🇺🇸🦅🦅🦅🍔🍔🍔🏫🔫
They fly to the U.S. They also needed approval from the EU, with Brussels requiring a couple important concessions.
It also has to do with the flight slots of those countries; basically you can’t just buy out your competitor and those international flight slots at foreign airports become yours magically sometimes the US, EU and Asia want to reallocate those or put them back onto the « open market »
@@christodang thanks a lot for this clarification 👌
So, when's the pricecincrease, Korean Airline's tickets have long been higher than Asiana Airline's tickets, as far as I know?
Thank for the News update
Thank you Dj!!
Sad to hear star alliance is shrinking.
Monopoly equals to lack of competition which equals to price guoging which equals to poor service which equals to coruption and fewer jobs.
I hope the US rejects it. The last thing the traveling public needs is more mergers with less options.
I don't want it to get approved. I want it to get rejected. I want access to both alliances and earn miles with both airlines
Can you not clean out your miles on Asiana before consolidating with Korean Air?
@@borninhk1 Sure but I would like the access to two different mileage programs in different alliances so I can get access to more airlines. I want to be able to use the united polaris lounge if I fly business again to Korea from a united hub. If Asiana is gone that will not be possible.
Well, see what happens. False hope.
Asianar air lines 💀
Korean-Asiana will actually have quite a large fleet of total A380s... more than British Airways or Singapore Airlines...
Obviously ,you didn't notice Korean has begun scrapping their A380 fleet,with one just recently dismantled, with more soon to follow !!
I wouldn't be surprised several ex-Korean Air and ex-Asiana A380's end up in the hands of British Airways. BA wants at minimum six more A380's and possibly as many as 10 planes from other airlines.
On your follow up one way or another, PLEASE explain why America have to approve this!
Its them, their airline, their wants and needs.
Who are we to say?
I personaly don't care one way or another.
I just love aircraft.
It’s because airlines are international businesses so they have agreements either foreign cargo companies and foreign airports (usually for flight slots) so each country reviews mergers to determine if those terms are still maintained and/or worthwhile
It’s similar to how the EU can dissolve American conglomerates if those conglomerates operate in the EU
I'm hoping that the US will give the approval for the merger especially since the other 13countries have given their approval for the merger. I should've guessed that the current administration would be the ones who are responsible for stopping the merger. Hopefully there's a new administration who would approve of the merger. Maybe the US should be kicked out so they won't be the ones holding all the control when the others have approved the merger.
In this video, the pronunciation of Asiana Airlines could be better, what you hear is more Asiana Rail Lines than Asiana Airlines. So confusing. Your brain has to connect the dots via a detour because of the badly spoken airline name.
Dear "DJ", while your info in general is always interesting, your video streams .... err .... suck! Most of the footage is mostly completely unrelated to the topics discussed, while any graphical support of e.g. numbers, fleet sizes, geographical references etc. are missing.
Investing a little bit of time using simple office tools would vastly improve your work, and I think more of your audience would appreciate it.
Thanks!
I think it is because he uses his own footage and does not want to get into trouble if he uses another person's footage to match is video topic