generalSkift··1 min·For: Owner, GM, Revenue, Investor
Three Korean Airlines Merge to Form Giant Budget Carrier
Jin Air, Air Busan, and Air Seoul have agreed to merge under the Jin Air brand, creating South Korea's largest low-cost carrier with a combined fleet of 58 aircraft. The mega-budget airline is scheduled to launch operations in March 2027 following regulatory approvals.
Key Takeaways
- 1Jin Air, Air Busan, and Air Seoul will merge into a single entity operating under the Jin Air name.
- 2The combined airline will control a fleet of 58 aircraft and launch operations on March 17, 2027.
- 3The consolidation follows Korean Air parent Hanjin Group taking majority control of Asiana Airlines.
Source: Skift
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