Korean Air launches new branding after $1.3 billion Asiana acquisition
Deal News | Mar 11, 2025 | EIN
Korean Air, the largest airline in South Korea, has revealed a new aircraft livery and corporate brand identity following its $1.3 billion acquisition of a controlling stake in Asiana Airlines. This purchase consolidated Korean Air's status as a major player in the Asian aviation sector. Set to unite under the Korean Air name by 2027, Asiana will operate as a subsidiary in the meantime. The rebranding is designed to align with contemporary minimalist branding trends, featuring a simplified and modernized use of the airline's logo and colors. This acquisition, the longest airline merger ever pursued, faced delays primarily due to competition concerns in the market. With the merger, Korean Air estimates that the combined group will eventually command over half of South Korea's total passenger airline capacity and become the 12th largest carrier worldwide by international capacity. CEO Walter Cho emphasized the airline's commitment to safety and quality service, especially in light of recent aviation safety incidents in the nation. The deal also foresees the amalgamation of Asiana's and Korean Air's budget carriers into a single low-cost airline entity.
Sectors
- Aviation
- Mergers and Acquisitions
- Branding
Geography
- South Korea – The article centers around two South Korean airlines, Korean Air and Asiana Airlines, and their merger's impact on the national and international aviation market.
- Asia – The merger will establish one of Asia's largest carriers, indicating the article's geographical relevance to the Asian aviation market.
Industry
- Aviation – The article primarily focuses on the aviation industry, discussing the merger and rebranding of Korean Air and Asiana Airlines.
- Mergers and Acquisitions – The article reports on the acquisition of Asiana Airlines by Korean Air, a significant M&A activity in the airline sector.
- Branding – The branding aspect is highlighted by Korean Air's introduction of a new corporate identity and aircraft livery.
Financials
- $1.3 billion – The acquisition price for the controlling stake in Asiana Airlines by Korean Air.
Participants
Name | Role | Type | Description |
---|---|---|---|
Korean Air | Acquirer | Company | South Korea's largest airline and the acquirer of Asiana Airlines. |
Asiana Airlines | Target | Company | The acquired airline company by Korean Air, to be integrated fully by 2027. |
Walter Cho | CEO | Person | CEO of Korean Air, leading the firm through the acquisition and rebranding. |
Hanjin Kal | Owner | Company | South Korean conglomerate that took over Korean Air Lines, forming part of its ownership structure. |