Business
Asiana Airlines brand to disappear after Korean Air take-over – Executive Traveller
After almost 40 years in the sky, Asiana Airlines is being fully folded into Korean Air.
Korean Air will axe the Asiana Airlines brand and phase out Asiana’s fleet, following a $2.2 billion buyout which will turbocharge the South Korean flag-carrier and catapult it to become one of the world’s largest airlines.
The take-over, announced in November 2020 and backed by the Korea Development Bank, will now formally happen in 2022, with both airlines to fully merge and integrate their operations by 2024.
“There will be one brand, Korean Air, after the integration,” Korean Air President Woo…
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