As the review by foreign competition authorities concludes, preparations for the launch of "integrated Jin Air" in March 2027 are intensifying. Jin Air is collaborating with Air Busan and Air Seoul to integrate operations across safety, flight, and service sectors in anticipation of the merger.
On October 7, Jin Air announced that it received final approval for the merger from the Vietnam Competition Authority, which is equivalent to South Korea's Fair Trade Commission, on October 2.
Jin Air, Air Busan, and Air Seoul signed a merger agreement on August 21 and submitted a merger notification to the Vietnamese competition authority, which has been under review since September 10. Following this approval, the three companies will proceed with subsequent administrative processes, including obtaining approval from South Korea's Fair Trade Commission and the Ministry of Land, Infrastructure and Transport.
In preparation for the successful launch of integrated Jin Air, the company has been establishing a foundation for integration across all areas, including safety, operations, maintenance, service, and organizational culture, alongside Air Busan and Air Seoul. A Jin Air official stated, "With the completion of the foreign competition authority's review, practical preparations for the integration of the three companies are progressing smoothly. We will swiftly implement the next steps as soon as the domestic authorities complete their procedures to ensure a successful launch of integrated Jin Air in March 2027."
* This article has been translated by AI.
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