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Korean Air gets European nod to become Northeast Asia’s largest airline

Korean Air’s 1.8 trillion won ($1.4 billion) merger with its smaller rival Asiana Airlines has secured approval from Europe’s antitrust regulator, bringing Korea’s flag carrier one step closer to becoming the largest airline in Northeast Asia. The European Commission announced on Thursday that it has decided to give the nod to the high-profile merger, 10 months after it granted conditional approval in February when it required Korean Air to further reduce overlapping routes to

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