Korea's two largest airlines are all set to complete their merger later this year.
Korean Air's board of directors and Asiana Airlines’ shareholders have formally approved the agreement as the two airlines prepare to launch an integrated airline on December 17.
Korean Air’s board ratified the merger agreement last week, fulfilling small-scale merger requirements under Article 527-3 of Korea’s Commercial Act, news hub Travel Mole reported.
Concurrently, Asiana Airlines secured shareholder approval during an extraordinary general meeting, with 81.86% shareholder attendance and 99.3% voting in favour.
These approvals formally ratify the merger agreement executed by both boards in May.
These approvals formally ratify the merger agreement executed by both boards in May.
Following creditor protection procedures and remaining administrative formalities, the corporate merger registration will be completed on December 17, 2026.
Korean Air continues to advance its Post-Merger Integration (PMI) roadmap. Following conditional merger approval from the Ministry of Land, Infrastructure and Transport (MOLIT) on June 25 and clearance of its merger registration statement on July 24, the airline is proceeding with Air Operator Certificate (AOC) amendments and international operational permits in close consultation with relevant authorities.
With merger approvals finalised, the two airlines are accelerating operational readiness, focusing on systems integration, joint training, and team engagement ahead of the launch.
Korean Air continues to advance its Post-Merger Integration (PMI) roadmap. Following conditional merger approval from the Ministry of Land, Infrastructure and Transport (MOLIT) on June 25 and clearance of its merger registration statement on July 24, the airline is proceeding with Air Operator Certificate (AOC) amendments and international operational permits in close consultation with relevant authorities.
With merger approvals finalised, the two airlines are accelerating operational readiness, focusing on systems integration, joint training, and team engagement ahead of the launch.
The birth of the integrated flag carrier will mark the completion of a consolidation process spanning over five years.
For passengers, it translates into nu,erous service upgrades, from lounge renewals, catering updates to terminal relocations to improve the traveler’s experience.
For passengers, it translates into nu,erous service upgrades, from lounge renewals, catering updates to terminal relocations to improve the traveler’s experience.
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