South Korea will support smaller airlines and monitor market competitiveness after dominant carrier Korean Air completed a $1.3 billion acquisition of Asiana Airlines on Thursday to create one of Asia's biggest carriers.

Find out about the mega-merger between Korean Air and Asiana Airlines and its implications for the global airline industry.

Korean Air has reached 30 years of connecting South Korea and China, commemorating the event at four airports across China

Korean Air said it had completed the payment of a total of 1.5 trillion won for a 63.88% stake in Asiana.

South Korean airlines recorded 14,820 air turbulence events, which made up 72% of the total from the previous year.

Surprisingly, American Airlines operates just one route to South Korea, connecting Seoul Incheon International Airport (ICN) with its hub at Dallas/Fort Worth International Airport (DFW). On this route, the oneworld carrier competes with Korean Air.

Korean Air has ended the year on a high with the 30th anniversary of its first flights to China. In the three decades that have followed these services, China has become a key short-haul market for the South Korean flag carrier,

KAI said on Monday that it has signed a 136 billion won ($93.7 million) deal to provide Iraq with KUH helicopters.

The U.S. Air Force's 51st Fighter Wing has scheduled Osan Air Power Days 2025 in May as North Korea continues developing missile technology while calling South Korea a hostile adversary.

The Iraqi Prime Minister and officials of Korea Aerospace Industries discussed on Monday strategies to enhance Iraq’s air defense systems.

Korean Air marks the 30th anniversary of its service to China. Korean Air has been operating 27 routes to China, serving as a bridge between South Korea and China.

SEOUL (Reuters) -South Korea will support smaller airlines and monitor market competitiveness after dominant carrier Korean Air completed a $1.3 billion acquisition of Asiana Airlines on Thursday ...