With the process of Asiana Airlines being merged with Korean Air getting completed closer and closer, now, there are multiple rumors surfacing that Asiana Airlines will be leaving Star Alliance soon.
Korean Air’s Merger With Asiana Airlines
Asiana Airlines is on the verge of a merger with Korean Air. Regarding the acquisition of Asiana Airlines, Korean Air has a total of five countries left for approval, including the US, the European Union (EU), Japan, China, and the U.K., which are the reporting countries.
Currently, five out of nine competitive authorities have approved the merger of Korean Air and Asiana Airlines. And the result from the US and the UK is expected to be announced by next month.
Particularly, the US Department of Justice and FTA have stricken up its merger review from a simple to an in-depth review as United Airlines raised the issue of the merger, which its routes from the Korea to US, China, and Southeast Asia will be greatly affected. This is because when both airlines merge, it will create one of the largest airlines in the world.
If the decision from the US authorities is cleared, then the EU, Japan and Chinese authorities will likely approve the merging without an issue.
Star Alliance Reportedly Searching For New Member
As Asiana Airlines is leaving the alliance, Star Alliance is reported to look for a replacement member. This is because Star Alliance, along with China International Airlines, All Nippon Airways, and Singapore Airlines, including Asiana Airlines, have a great influence on the Asian market.
There is no guarantee that the potential candidate airlines will join Star Alliance, but it is true that some of the airlines that are not part of the major airline alliances are suggested or those airlines that are well-known.
Asiana Airlines is likely to leave Star Alliance soon as the Korea Air – Asiana merger is getting approved by governing authorities. This will be a huge loss for Star Alliance as the airline has a huge presence in Asian markets.