M&A Deal Summary

Korean Air Acquires Asiana Airlines

On December 12, 2024, Korean Air acquired airliner Asiana Airlines for 1.3B USD

Acquisition Highlights
  • This is Korean Air’s 1st transaction in the Airlines sector.
  • This is Korean Air’s largest (disclosed) transaction.
  • This is Korean Air’s 1st transaction in South Korea.

M&A Deal Summary
Date 2024-12-12
Target Asiana Airlines
Sector Airlines
Buyer(s) Korean Air
Deal Type Merger
Deal Value 1.3B USD

Target

Asiana Airlines

Seoul, South Korea
Asiana Airlines is a multinational airline serving passengers throughout Asia. Asiana Airlines was formed in 1988 and is headquartered in Seoul, South Korea.

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Buyer(S) 1

Buyer

Korean Air

Seoul, South Korea
Category Company
Founded 1962
Sector Airlines
DESCRIPTION

Korean Air is a national airline serving passengers through hubs in South Korea. Korean Air was formed in 1962 and is headquartered in Seoul, South Korea.

DEAL STATS #
Overall 1 of 1
Sector (Airlines) 1 of 1
Type (Merger) 1 of 1
Country (South Korea) 1 of 1
Year (2024) 1 of 1
Size (of disclosed) 1 of 1
Mergr

Product

Company

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