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Trusted by
Acquiring Company
Eastar Jet
Acquired Company
Air Premia
JejuSouth KoreaLeisureTravelAir TransportationTravelDescription
Eastar Jet is set to acquire a 70% stake in Air Premia, signaling a significant shift in the South Korean low-cost carrier market. The deal, worth around 300 billion won, is currently in due diligence and reflects Eastar Jet's strategy to break into the medium- and long-haul markets. This acquisition aims to create synergies through code-sharing and bolster Eastar's operational scale in response to increasing competition.
Fundz sees it the moment Eastar Jet makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
M&A Insights
Based on deal dataFrequently asked
Who acquired Air Premia?
Air Premia was acquired by Eastar Jet, based in Jeju. The deal was reported on September 20, 2026. Eastar Jet is a South Korean low-cost airline headquartered in Jeju. Established in 2007, it operates domestic and international flights, aiming to provide affordable travel options. Eastar Jet is privately held and operates in Leisure.
When did Eastar Jet acquire Air Premia?
Eastar Jet's acquisition of Air Premia was reported on September 20, 2026. Eastar Jet is set to acquire a 70% stake in Air Premia, signaling a significant shift in the South Korean low-cost carrier market. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Air Premia do?
Air Premia is Korea's leading hybrid carrier, specializing in premium services that offer essential amenities at competitive prices. It is the sole hybrid service carrier in Korea, focusing on customer satisfaction and cost-effective travel solutions. It is privately held, operating in Travel, and is based in South Korea.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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