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Photo courtesy of Yonhap News |
[Alpha Biz= Paul Lee] The Korea Fair Trade Commission (KFTC) has imposed a total of KRW 6.46 billion in compliance fines on Korean Air and Asiana Airlines for violating conditions of their corporate merger approval. Korean Air was fined KRW 5.88 billion and Asiana KRW 580 million for reducing seat supply below 90% of 2019 levels on the Incheon–Frankfurt route between December 12, 2024, and March 28, 2025.
In addition, the KFTC rejected Korean Air’s submitted mileage integration plan, citing insufficient measures to protect consumer interests. The Commission highlighted that the proposed plan failed to ensure adequate access to bonus seats and seat upgrades, raising concerns over potential devaluation of Asiana miles when converted to Korean Air miles. Airlines have been asked to revise and resubmit the plan within one month.
Alphabiz Reporter Paul Lee(hoondork1977@alphabiz.co.kr)
