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KOREAN AIR

HQ - Seoul

Summary

Korean Air is the national flag carrier and largest airline of South Korea, based in Seoul. It is a major global airline and a founding member of the SkyTeam airline alliance.

Deals Overview

Total Deals4

Valued Deals2

Total Value£ 1.24 B

Avg. Deal Size£ 618 M

Market Context

Senior Management

Walter Cho
Chairman and CEO

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27 Aug 2020|South Korea|Airlines

Target: KOREAN AIR (IN-FLIGHT CATERING AND DUTY-FREE OPERATIONS)

Bidder: HAHN & CO

4 Service Providers

1 Bidder | 3 Vendor

4 Dealmakers

1 Bidder | 3 Vendor

n/a

Value

16 Nov 2020|South Korea|Airlines

Target: ASIANA AIRLINES

Bidder: HANJIN KAL CORPORATION

4 Service Providers

1 Target | 3 Bidder

12 Dealmakers

1 Target | 11 Bidder

£ 821 M

Value

02 Nov 2023|South Korea|Airlines

Target: ASIANA AIRLINES (CARGO FREIGHTER BUSINESS)

Bidder: AIR INCHEON

4 Service Providers

1 Bidder | 3 Vendor

3 Dealmakers

1 Bidder | 2 Vendor

n/a

Value

09 May 2025|Canada|Airlines

Target: WESTJET AIRLINES LTD

Bidder: DELTA AIRLINES INC

7 Service Providers

2 Target | 3 Bidder | 2 Vendor

11 Dealmakers

1 Target | 3 Bidder | 7 Vendor

£ 414 M

Value

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