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Latest news
Airport debt of Russia's Yakutia lingers despite settlements
This article is only available with a subscription for Commercial Aviation News, Operator & Airport Data.
01Apr2026
Shandong Airlines to lease six B737-800s and four B737 MAX
This article is only available with a subscription for Commercial Aviation News, Operator & Airport Data.
01Apr2026
Korean Air to complete Asiana Airlines takeover in 2Q26
Korean Air (KE, Seoul Incheon) plan to propose a resolution to acquire the remaining 36.1% stake in Asiana Airlines (OZ, Seoul Incheon) at a shareholders' meeting in June 202, according to local news outlet News Tomato.
Korean Air currently owns 63.9% of Asiana Airlines.
Although Korean Air already...
Korean Air (KE, Seoul Incheon) plan to propose a resolution to acquire the remaining 36.1% stake in Asiana Airlines (OZ, Seoul Incheon) at a shareholders' meeting in June 202, according to local news outlet News Tomato.
Korean Air currently owns 63.9% of Asiana Airlines.
Although Korean Air already holds majority control, management reportedly intends to pursue the remaining stake to simplify its governance structure into a single airline entity. The integrated airline is expected to launch on December 17, 2026, at which point the Asiana Airlines brand and corporate entity will gradually be phased out.
Korean Air standards to be adopted
In preparation for the merger, Korean Air is working to institutionalise its operational standards within Asiana Airlines, chairman and chief executive Cho Won-tae said during a recent employee town hall, according to South Korean publication ChosunBiz.
Employees of Asiana Airlines will benefit from increased pay based on Korean Air standards, reportedly 32% higher on average. Korean Air will also introduce changes to Asiana Airlines' job classification system to align with its own, although the issue of seniority remains contested by the pilots' union.
The adjustments in salaries and benefits are expected to cost Korean Air significantly more. As of 2025, Korean Air reportedly spent an average of KRW123 million won (USD82,000) per employee, while Asiana Airlines spent KRW92.6 million (USD61,000) on the same measure during the same period.
Despite challenges, Cho stated that the company had thoroughly prepared for the merger, particularly in relation to safety management systems and flight operations. Key milestones in the integration plan included the sale of Asiana Cargo and Asiana Airlines' transfer to Seoul Incheon Terminal 2 in January 2026.
Asiana Airlines under emergency management
Separately, Asiana Airlines chief executive Song Bo-young expressed optimism about the merger's progress, declaring that 2026 would mark a "decisive turning point" for the carrier. However, Song cautioned that geopolitical issues, high exchange rates, and rapid changes in the business environment remain pressing concerns.
"All employees will unite and do their utmost to successfully complete the tasks at hand by strengthening profitability," he added, while assuring that the safety and security of its operations would continue to be paramount.
The assurance came as Asiana Airlines entered an emergency management phase on March 25 due to higher lease, maintenance, and fuel costs, all paid in US dollars and exacerbated by the Middle East conflict. The protocol was enacted to enable management to respond to the crisis effectively.
31Mar2026
Malaysia's Sarawak gov't reregisters Falcon 8X locally
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31Mar2026
Indonesia orders 12 PC-24s for air force training, transport
The Indonesian Air Force (TNI-AU Tentara Nasional Indonesia-Angkatan Udara) will take delivery of 12 factory-new Pilatus PC-24s for pilot training, air transport, and liaison missions, with options for additional units.
The order for the twelve jets was placed with Pilatus Aircraft by PT E-System...
The Indonesian Air Force (TNI-AU Tentara Nasional Indonesia-Angkatan Udara) will take delivery of 12 factory-new Pilatus PC-24s for pilot training, air transport, and liaison missions, with options for additional units.
The order for the twelve jets was placed with Pilatus Aircraft by PT E-System Solutions Indonesia, the Ministry of Defence's authorised contractor. The deal includes ground support equipment, tools, spare parts, training, and technical support.
The air force's executive jet fleet currently comprises two Falcon 8X trijets used for VIP transport, along with a Premier I for utility missions and transport of senior Army officials. In addition, the service operates four B737-200s, three B737-400s, a B737-500, two B737-800s, and a B737-800(BBJ).
The letter of intent (LOI) with Pilatus also covers the acquisition of twenty-four PC-21 turboprop trainers, within a broader package that includes ground-based training and support equipment, spare parts, and technical support.
“The selection by the Indonesian Air Force emphasises the growing interest of government operators in our PC-24 super versatile jet. We remain focused on supplying solutions to facilitate various missions ranging from training to transport,” said Ioannis Papachristofilou, vice president of government aviation at Pilatus Aircraft.
Indonesia joins other air forces operating the PC-24, including the Botswana Defence Force and Qatar Emiri Air Force, each with a single aircraft. In France, the navy (Aéronavale) took delivery in March of two of three PC-24s ordered in mid-2025.
30Mar2026
US DHS expands deportation fleet plan to 10 aircraft
This article is only available with a subscription for Business Jet News.
30Mar2026
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