Jin Air, Air Busan, Air Seoul to merge into single carrier by March 2027

Jin Air, Air Busan and Air Seoul, the three budget carriers under Hanjin Group, are set to operate as a single airline under the Jin Air name starting in March. The boards of all three companies approved the merger plan and signed the agreement Friday. Each carrier is planning for shareholder ratification in December, then regulatory approval, before the combined airline launches March 17, 2027. The move will follow the planned Dec. 17 merger of Korean Air and Asiana Airlines, the respective par