What Happened
Three Carriers Combine Under Jin Air Name for Economies of Scale
South Korea’s budget airlines Jin Air, Air Busan, and Air Seoul are set to merge into a single carrier under the Jin Air name by March 2027. The merger plan, approved by the boards of all three companies, aims to combine routes, fleets, and resources to achieve economies of scale and bolster network breadth and service quality. The move follows the planned merger of Korean Air and Asiana Airlines, the respective parents of Jin Air and Air Busan and Air Seoul. The combined carrier will become South Korea’s largest low-cost carrier by fleet size with 58 aircraft, as reported by The Straits Times.