As of late 2024 and into 2026, Asiana Airlines is controlled by Korean Air , which holds a 63.88% stake and has made Asiana its subsidiary.

Quick Scoop: Who owns Asiana Airlines?

  • Korean Air acquired a 63.88% ownership stake in Asiana Airlines through newly issued shares, giving it effective control of the company.
  • This transaction made Asiana a subsidiary of Korean Air, ending its long run as an independently controlled second national carrier in South Korea.
  • The deal was completed in December 2024, about four years after the takeover plan was first announced in 2020.
  • Korean Air paid around KRW 800 billion in the final payment, for a total investment of roughly KRW 1.5 trillion tied to the share purchase and related funding steps.

What this means in practice

  • In corporate terms, Asiana’s “owner” is now Korean Air, itself part of the Hanjin Group conglomerate in South Korea.
  • Asiana continues to operate under its own brand for now, but Korean Air plans to fully integrate operations and networks by around the end of 2026.
  • The integration plan focuses on route optimization, expanded destinations, and a combined loyalty program, with regulators still overseeing some competition aspects.

A bit of recent backstory

  • Before this, Asiana had faced years of financial trouble and earlier restructuring attempts; a prior sale effort involving HDC Hyundai Development Company fell through in 2020.
  • The eventual Korean Air acquisition was framed as a way to stabilize the Korean aviation sector after the pandemic and strengthen Incheon’s position as a regional hub.

TL;DR: If you’re asking “who owns Asiana Airlines” today, the answer is: Korean Air, which holds a controlling 63.88% stake and is in the process of fully integrating Asiana into its group structure.

Information gathered from public forums or data available on the internet and portrayed here.