Korean Air finalizes acquisition of majority stake in Asiana Airlines

Korean Air has outlined plans to integrate with Asiana Airlines over the next two years. This integration strategy focuses on optimizing networks through diversified flight schedules on overlapping routes and expanding services to new destinations while enhancing safety investments. The merger aims to bolster national aviation industry competitiveness, improve Incheon Airport's hub capabilities, and expand the global network reach.

Importantly, the integration is set to proceed without workforce restructuring. Instead, natural staff growth is anticipated through business expansion, with employees in overlapping roles being reassigned within the organization.

Furthermore, an integrated frequent flyer program framework will be submitted to the Korea Fair Trade Commission by June 2025. Details about this program will be shared with customers after regulatory review.

This acquisition is seen as a strategic milestone for Korea’s aviation sector. Korean Air plans to implement measures that strengthen the country's aviation capabilities and enhance its competitive position globally.