 The current Korean Air logo | |
.svg){kind=small} Asiana Airlines current logo after the merger | |
| Initiator | Korean Air |
|---|---|
| Target | Asiana Airlines |
| Type | Merger |
| Cost | ₩1.5 trillion (for a 63.88% stake) |
| Initiated | November 16, 2020 |
| Completed | December 12, 2024 |
| Status | Completed |
.jpg)
Korean Air (left) and Asiana Airlines (right) aircraft
The merger of Korean Air and Asiana Airlines was a policy announced by the Government of South Korea in November 2020, which resulted in Korean Air absorbing Asiana Airlines creating a dominant carrier in South Korea.[1] The merger was completed on December 12, 2024 following approval from fair-competition authorities globally.[2]
- ^ "대한항공·아시아나 통합 국적항공사 출범…산은 8천억 투입" (in Korean). Yonhap News Agency. November 16, 2020. Archived from the original on February 14, 2021. Retrieved November 16, 2020.
- ^ "South Korea to safeguard competition after Korean Air, Asiana merger". Reuters. December 12, 2024.