Gov't approves Korean Air-Asiana mileage integration plan
Korea’s Fair Trade Commission (FTC) has approved Korean Air’s revised plan to integrate its mileage program with Asiana Airlines' program, setting conditions to preserve customer benefits and broaden opportunities to redeem points after the carriers merge. The country’s top antitrust watchdog approved the plan on Monday, nearly two years after it conditionally cleared Korean Air’s acquisition of…
The Korean government's Fair Trade Commission (FTC) has given the green light to Korean Air's plan to merge its mileage program with Asiana Airlines. The decision came after nearly two years, as the regulator conditionally approved Korean Air's acquisition of Asiana on December 12, 2024. The plan requires Korean Air to submit a mileage integration proposal within six months of the acquisition and seek regulatory approval before execution.
Korean Air finally presented its proposal to the FTC on September 1 after seven meetings and four revisions.
The FTC has approved a plan where Asiana's mileage will remain separate for ten years following the airlines' official merger on December 17. This arrangement will hold even after Asiana ceases to exist as a corporate entity. During this time, Asiana customers can keep their existing mileage rather than converting it into Korean Air's program.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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