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On 25 July 2019, Kumho Asiana Group, the parent company of Asiana Airlines, officially announced its intention to sell Asiana Airlines for an estimated price of 1.5 to 2.0 trillion won (US$1.26 to 1.68 billion). [25] Asiana Airlines includes subsidiaries Air Busan, Air Seoul, Asiana IDT and other subsidiary companies. [26]
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Outside South Korea, the countries with the largest airports served by Asiana Airlines are China with 24, Japan with 9 and the United States with 10. [1] As of July 2020, Asiana Airlines operates between Incheon and 22 cities in China, and along with Korean Air is one of the two largest foreign airlines to operate in the People's Republic of ...
Korea Development Bank, a state-owned bank, agreed to provide 800 billion won (655.73 million USD) to Hanjin Group to help finance the merger between the airlines. [ 1 ] Korean Air is a co-founder and member of SkyTeam while Asiana is a Star Alliance member.
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The airline began its operation in 2007 as Busan International Airlines Company (Korean: 부산국제항공; Hanja: 釜山國際航空); it launched service in October 2008. [ 3 ] Air Busan is South Korea's third-largest low-cost airline, carrying 4.5 million domestic and 3.6 million international passengers in 2018.
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