![]() "News to go" - Ability to view multiple full news articles on one page.With a ch-aviation PRO subscription you benefit from a wide range of data and information such as: To access our news database including full archive search and exclusive stories reported first by ch-aviation you need to upgrade to ch-aviation PRO. And if those in the United States or Europe in particular raise objections, the process will be even slower. But newer arrivals such as Aero K, Air Premia, and Fly Gangwon lack capacity as they currently operate just one or two aircraft each, while a return to the market for Eastar Jet is not yet certain.Įven if such anti-competitive measures are taken now, it is now questionable whether the merger will be completed this year - as is the government’s wish - because it still awaits approvals from numerous competition regulators in other countries. ![]() While Korean Air’s planned acquisition of a majority stake in Asiana Airlines includes a possible merger of their low-cost units Air Busan, Air Seoul, and Jin Air, competitors Jeju Air and T'way Air are independent and could theoretically take on shorter domestic or regional routes. Long-haul routes to Europe and the Americas would be redistributed to foreign airlines, as it is doubtful whether other airlines in South Korea, almost exclusively low-cost carriers, will have the aircraft types necessary to operate them. In any case, certain measures will have to be implemented before the deal can be endorsed, such as handing some routes to competitor airlines, the sources said. Monopoly and oligopoly concerns will inevitably arise regardless of how the merger is analysed. However, according to industry insiders it will be tricky to for the antitrust regulator to make judgements regarding competition in this particular case, as the proposed business combination is between the country’s two biggest players. The comments emerged despite Korea’s fair trade chief, Joh Sung-wook, casting doubt on the deal earlier this month during a parliamentary hearing, citing serious monopoly concerns. The agency plans to beef up training, among other efforts, according to a memo from the FAA included in the report.South Korea’s Fair Trade Commission is expected to approve the planned merger between Asiana Airlines (OZ, Seoul Incheon) and Korean Air (KE, Seoul Incheon), unnamed sources told the Korean-language version of the Korea Herald newspaper on October 14, as long as some of the two companies’ exclusive routes are redistributed to foreign airlines or to unaffiliated local budget carriers. The agency has identified many of the same issues in the course of its regular oversight work, according to a person familiar with the FAA. The FAA said that it agrees with many of the recommendations from the inspector general and is taking steps to address them. ![]() "We plan to work with the FAA to ensure we take positive action and continuously refine and improve our safety controls," she said. The report from the inspector general's office said that figuring out why problems occur, and not just focusing on mistakes by individuals, is important for improving aviation safety.Ī spokeswoman for American said the safety of customers and employees guides the airline's decisions, and that American welcomed the inspector general's report. The FAA also closed out its compliance actions before the carrier took corrective measures and the agency could check them, according to the inspector general's report.Īmerican, the largest carrier globally, hasn't had a fatal accident in nearly two decades, the report said. The inspector general's office, led by Eric Soskin, said that in 92% of the 185 cases it sampled between March 2016 and March 2020, FAA inspectors accepted American's determinations of the problems' underlying causes that didn't actually identify what led to the lapses. The agency is still refining the guidance it gives inspectors, according to the report. The inspector general's audit of American's maintenance practices began three years later following a request by members of the U.S. In 2015, the FAA initiated an effort meant to ensure inspectors were focusing on the underlying causes of aviation-safety problems, according to the report.
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