Air Incheon flies under new name after completing Asiana cargo takeover
Air Incheon has rebranded its business as AirZeta at a ceremony in South Korea after completing its takeover of Asiana Airlines’ cargo division.
The takeover was required to placate global competition regulators when Korean Air and Asiana Airlines were seeking approval for their merger.
According to The Korea Herald, Asiana Airlines confirmed in a regulatory filing on August 1, 2025, that the $338 million takeover had been finalized.
With its newly acquired aircraft, Air Incheon announced its new name as AirZeta at a ceremony on the same day at Incheon International Airport (ICN).
AirZeta CEO Kim Kwan-sik explained that the new name for the all-cargo carrier represented a journey from A to Z.
“We plan to make a greater leap toward innovation through this strategic integration. Our goal is to become a leading air logistics platform by delivering faster, safer and more competitive services that offer optimized cargo solutions to our customers,” said Kwan-sik.
AirZeta’s first trans-Pacific cargo flight under the new brand departed from Incheon Airport on August 1, 2025.
According to ch-aviation, AirZeta’s fleet of four B737-800(SF) and one B747-400(BDSF) aircraft has now increased to 15, with the transfer of ownership of 11 cargo planes from Asiana.
Air Incheon was singled out in June 2024 as the preferred buyer of Asiana’s cargo segment as part of its merger with Korean Air.
Air Incheon was leading the field based on several key criteria which included the “certainty of completing the transaction, the ability to maintain and enhance long-term competitiveness of the air cargo business, and the capability to mobilize funds through a competent consortium”.
Other Korean carriers in the running included Jeju Air, Eastar Jet and Air Premia. Switzerland-based financial services firm UBS was tasked with selling Asiana’s cargo division.
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The post Air Incheon flies under new name after completing Asiana cargo takeover appeared first on AeroTime.
Air Incheon has rebranded its business as AirZeta at a ceremony in South Korea after completing its takeover…
The post Air Incheon flies under new name after completing Asiana cargo takeover appeared first on AeroTime.
