Korean Air and Asiana Airlines move closer to merger as fleet details emerge

Korean Air and Asiana Airlines have received approval to merge, creating the world's seventh-largest airline. The merger, valued at $1.3 billion, awaits final approval from the US Department of Justice. This consolidation will unify South Korea's two major carriers. Korean Air's fleet is larger and more diverse, featuring a mix of Airbus and Boeing aircraft. In contrast, Asiana Airlines has a smaller fleet primarily focused on Airbus models. The merger will enhance operational efficiency and expand route capabilities for the combined airline. As part of the merger, Asiana's cargo operations will be sold to Air Incheon to address competition concerns. Additionally, Korean Air's low-cost subsidiary, Jin Air, will absorb Asiana's budget carriers, Air Busan and Air Seoul, creating a stronger low-cost airline in South Korea.