FlyerTalk Forums - View Single Post - Asiana to be acquired by Korean Air. What will happen to my mileage and status?

Oct 30, 2023 | 10:45 pm

#210

LAX

Join Date: Nov 2004

Location: Los Angeles, CA; Philadelphia, PA

Programs: FA

Posts: 6,480

Quote:

Originally Posted by stupidhead

Not that I can find. OZ's latest filing relating to this says they will file an update with FSS by Nov 6th at the latest.

EDIT: Korean media is reporting that the board meeting adjourned with no decision reached. Korean media seems to indicate that even if OZ decided to sell OZ Cargo, there's no one interested in buying it, and the Board is concerned about being sued if they were to offload OZ Cargo at pennies on the dollar.

Thanks for some updates. For those that know/understand more about this than I do, isn't it a good thing if this proposed merger/takeover is being dragged out? As in the longer this takes to get approved, the less likely it will happen?

LAX