Overview

• The Fair Trade Commission said the submission failed to meet formal review standards due to vague integration ratios
• It highlighted shortcomings in proposed redemption options compared with Asiana’s existing mileage program
• Korean Air was asked to revise and supplement the proposal before resubmitting it to the FTC
• The mileage integration scheme is a core part of the 2020 merger deal that aims to form the world’s 10th-largest airline by fleet size
• Combined operations of both carriers hold 40 percent of passenger and cargo slots at Incheon International Airport