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Korean Air’s Asiana bid faces EU merger probe

Bloomberg Korean Air Lines Co’s bid to acquire smaller South Korean rival Asiana Airlines Inc for 1.8 trillion won ($1.4 billion) faces an in-depth merger review in the European Union after regulators expressed antitrust concerns. The European Commission (EC) warned the deal “could eliminate potential competition in passenger transport services” between the EU region and South Korea and also that ...

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Hong Kong airport’s passenger volume surges as China reopens

  Bloomberg The number of people passing through Hong Kong’s airport jumped last month as travel restrictions eased and China reopened borders for the first time since the pandemic began. Hong Kong International Airport reported 2.1 million passengers in January, nearly 2,900% growth from the same period last year. Traffic to and from Southeast Asia and Japan recorded the most ...

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Rebranded Emirates Palace Mandarin Oriental, Abu Dhabi launched

  Hong Kong / Gulf Time Emirates Palace Hotel has officially rebranded as Emirates Palace Mandarin Oriental, Abu Dhabi, signalling a new golden era as part of the Mandarin Oriental Hotel Group portfolio. This exciting chapter will celebrate and build upon the hotel’s distinctive legacy while introducing unparalleled experiences for guests, further cementing its position as world’s most iconic beachfront ...

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