Asiana, KR7020560009

Korean Air finalized Asiana merger: what it means for Asiana stock

Published on 10/14/2026 at 05:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Asiana posted KRW 1.84 trillion revenue in the second quarter, down 2.30 percent year over year. For Asiana stock this means 131,578,947 shares.

Merger and operating figures

Korean Air finalized the Asiana merger on October 10, 2026, involving KRW 1.5 trillion and a 63.90 percent stake.
Asiana reported KRW 1.84 trillion revenue in the second quarter of 2026, down 2.30 percent year over year.
Asiana stock had a KRW 1.7 trillion market capitalization on October 14, 2026.

Asiana, KR7020560009, Illustration mit AI erstellt.

Korean Air had finalized its merger with Asiana on October 10, 2026, in a transaction involving KRW 1.5 trillion and 131,578,947 Asiana shares. Wisevoter reported that Korean Air holds a 63.90 percent controlling stake after regulatory approval. For investors, ownership concentration now matters alongside Asiana's operating losses.

What the merger means for ownership

The transaction changes Asiana's position from independent airline to controlled subsidiary within the combined carrier. The 63.90 percent stake gives Korean Air control, while the KRW 1.5 trillion investment provides a concrete measure of the transaction's capital commitment, according to Wisevoter.

Second-quarter losses deepen pressure

Asiana reported KRW 1.84 trillion revenue in the second quarter of 2026, down 2.30 percent from the same quarter a year earlier. The period produced a KRW 356.3 billion operating loss and a KRW 372.1 billion net loss, figures shown by ATS View and the standardized financial statements.

The balance sheet also showed KRW 11.95 trillion in total assets and KRW 6.57 trillion in total debt at June 30, 2026. Operating cash flow was negative KRW 297.6 billion in the second quarter, making the integration of the two airlines relevant not only for ownership but also for funding and operating efficiency.

Chronology of the transition

On September 15, 2026, the integrated mileage plan was approved with Asiana mileage maintained for 10 years and a 0.82 conversion ratio for partner mileage, as recorded by ATS View. On September 30, 2026, Asiana announced 73 mileage-only flights across five Japan, China and Southeast Asia routes. On October 10, 2026, Korean Air finalized the merger and took its 63.90 percent controlling stake.

Upcoming reporting milestone

The next dated filing milestone listed by ATS View is November 16, 2026, the deadline for the quarterly report covering the September period. That date will give investors a fresh operating snapshot after the merger completion.

Market value on October 14

Asiana stock was last at KRW 8,090 on Korea Exchange on October 14, 2026 at 12:20 p.m. KST. Its market capitalization stood at KRW 1.7 trillion on the same date, while the latest standardized quote showed a KRW 6,500 to KRW 9,170 52-week range.