Three South Korean Carriers Are Merging Into One Low-Cost Giant

A supercharged budget airline backed by the flag carrier changes the math for everyone else in a low-cost market that still has too many brands.

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Frequently Asked Questions

What three carriers are merging?

The three South Korean carriers merging are Jeju Air, T'way Air, and Air Busan.

What is the purpose of the merger?

The merger aims to create a supercharged budget airline to strengthen competitiveness in the low-cost market.

How will this affect the low-cost airline market?

The merger is expected to reduce competition by consolidating brands, potentially affecting pricing and service options.

Who is backing the new airline?

The new low-cost giant is backed by a South Korean flag carrier, enhancing its market presence.