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Asiana Airlines is a full-service airline member of Star Alliance with two subsidiary low-cost carriers Air Busan and Air Seoul. It is the largest shareholder of Air Busan , a regional carrier that the airline established as joint venture with Busan Metropolitan City . [ 6 ]
Kumho Asiana Group is a large South Korean Chaebol (conglomerate), with subsidiaries in the construction, electronics, IT, leisure, logistics, manufacturing, tourism and transportation sectors. The group is headquartered at the Kumho Asiana Main Tower in Sinmunno 1-ga , Jongno-gu , Seoul , South Korea . [ 1 ]
Air Seoul is a fully owned subsidiary of Asiana Airlines. [18] Its headquarters are located in the Kumho Asiana Main Tower in Seoul, and its chief executive officer is Cho Jin-man. [ 19 ] On 1 January 2018, Air Seoul inaugurated its new chief executive officer, [ 19 ] [ 20 ] formerly Ryu Kwang-hee.
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 member of Star Alliance .
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.
As of December 2024, Asiana Airlines offers regular passenger and cargo service to over 80 destinations (except seasonal charter destinations) in 26 countries from its two hub airports, Incheon International Airport and Gimpo International Airport in South Korea. Outside South Korea, the countries with the largest airports served by Asiana ...
Location of South Korea. South Korea is a sovereign state in East Asia, constituting the southern part of the Korean Peninsula. [1] Highly urbanized at 92%, [2] South Koreans lead a distinctive urban lifestyle; half of them live in high-rises [3] concentrated in the Seoul Capital Area with 25 million residents [4] and the world's sixth-leading global city [5] with the fourth-largest economy [6 ...
This is a list of airline holding companies, that either own more than one airline or are the parent company of a single airline.. A company or firm in which the holding company owns a significant portion of voting shares, usually 20–50% or a "minority of share ownership", is known as an associate company.