[Infostock Daily=Reporter Lee Ji-sun] When Korean Air and Asiana Airlines merge, there are 32 international routes with more than 50% of the combined airlines.
Some routes from Incheon (發), Los Angeles (LA), New York, and Phnom Penh have 100% market share. According to the data from the Ministry of Land, Infrastructure and Transport, many of the routes whose market share rises to more than 50% after the merger are also operated by low-cost carriers (LCC) in Korea, including China and Japan.
This also applies to the Americas and Europe. The share of Incheon-US San Francisco routes is 46% for Korean Air, 23% for Asiana Airlines, and 32% for foreign airlines.
The share after consolidation is 69%. Incheon-British London Heathrow routes are 34% for Korean Air, 32% for Asiana Airlines and 34% for foreign airlines.
This route will also increase its share to 66% after the integration of the two airlines. In particular, seven routes from Incheon, Los Angeles, New York, Chicago, Barcelona, Sydney, Palau and Phnom Penh, had a combined share of 100%, while those from Incheon, Honolulu, Roma, Phuket and Delhi exceeded 75%. Some in the aviation industry argued that long-distance routes have a high share of large airlines (FSC) such as Korean Air and Asiana Airlines.
Since domestic LCCs do not have large models that can operate long-distance routes, they are in fact "the league of their own.".
Korean Air submitted a corporate union report to the Fair Trade Commission on the 14th.
Reporter Lee Ji-sun stockmk2020@gmail.com
