Acquiring Company
Korean Air Lines
Acquired Company
Asiana Airlines
South KoreaSouth KoreaTransportationLeisureTravelAir TransportationTransportationTravelAir TransportationAerospaceDescription
On February 24, 2026, Korean Air announced plans to merge with Asiana Airlines. As part of a rebranding strategy, it will phase out the 'KAL' abbreviation, shifting to 'KE'. This rebranding is tied to a broader effort by Hanjin Group ahead of the completion of the merger later this year.
Quick answer
Korean Air Lines is acquiring Asiana Airlines, announced February 26, 2026. Korean Air Lines is based in South Korea.
- How much did Korean Air Lines pay for Asiana Airlines?
- The deal value was not disclosed.
- What does Korean Air Lines do?
- Korean Air is the flagship carrier and largest airline in South Korea.
- Where are Korean Air Lines and Asiana Airlines based?
- Korean Air Lines is based in South Korea. Asiana Airlines is based in South Korea.
- Who are the decision-makers at Korean Air Lines?
- Fundz holds 1 contact at Korean Air Lines. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Transportation and Leisure
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Gol Linhas Aéreas merges with Gol Investment Brasil (February 24, 2026)
- Lufthansa completes ITA Airways acquisition integration (April 1, 2026)
- Sumisho Air Lease to merge with Air Lease (March 30, 2026)
- Allegiant to acquire Sun Country Airlines soon (March 17, 2026)
- Catheter Precision acquires Fly Flyte for $11.55M, $12M (March 10, 2026)
- Joby Aviation acquires Avionyx for FAA support (March 1, 2026)
Who to call at Korean Air Lines, and when
When Korean Air Lines changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Korean Air Lines raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Korean Air Lines, from your own LinkedIn network
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Related People
Frequently asked
Who acquired Asiana Airlines?
Asiana Airlines was acquired by Korean Air Lines, based in South Korea. The deal was reported on February 26, 2026. Korean Air is the flagship carrier and largest airline in South Korea. It provides passenger and cargo transport services globally. Korean Air Lines is privately held and operates in Transportation.
When did Korean Air Lines acquire Asiana Airlines?
Korean Air Lines's acquisition of Asiana Airlines was reported on February 26, 2026. On February 24, 2026, Korean Air announced plans to merge with Asiana Airlines. As part of a rebranding strategy, it will phase out the 'KAL' abbreviation, shifting to 'KE'. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Asiana Airlines do?
Asiana Airlines is a major South Korean airline, and with the acquisition of a 63.88 percent stake, it becomes a subsidiary of Korean Air. It is privately held, operating in Transportation, and is based in South Korea.
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