Korean Air ‘100% In’ to Make Asiana Merger Happen, CEO Says
- Will succeed ‘regardless of what we have to give up’: Cho
- US, Europe and Japan are concerned about impact on competition
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The head of Korean Air Lines Co. said he is willing to make concessions to international regulators so the carrier’s merger with Asiana Airlines Inc. can go through.
“We are in this 100%, we will make it happen regardless of what we have to give up,” Chief Executive Officer Walter Cho said Monday in an interview with Bloomberg Television at a global aviation gathering in Istanbul. “I feel strongly, I’m going to push it all the way.”