( November 12, 2026, 06:00 GMT | Official Statement) -- MLex Summary: Jin Air, Air Seoul and Air Busan have secured regulatory approval for their merger, paving the way for the launch of South Korea's largest low-cost carrier in March 2027 as part of a broader consolidation of the country's aviation industry. The Korea Fair Trade Commission said Thursday it had cleared the transaction, which was presumed not to restrict competition because all three airlines already belong to Hanjin Group. The Ministry of Land, Infrastructure and Transport separately approved the merger, requiring Jin Air to complete safety inspections and obtain necessary overseas regulatory approvals before the integrated airline begins operations on March 17. The merger follows the planned Dec. 17 integration of Korean Air and Asiana Airlines, while the ministry said it would consider measures to strengthen competition among other low-cost carriers as the Korean Air group expands.Statement is attached (in Korean). ...
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