Korean Air (KE, Seoul Incheon) is scheduled to complete its protracted acquisition of the remaining 80% of Korean Air C&D Service on November 4, 2026, after securing regulatory approval. The carrier revised the purchase price from KRW750 billion won (USD559 million) to KRW776.6 billion (USD579 million), according to an October 30 stock exchange filing.

The airline also finalised a three-year funding support commitment covering KRW710 billion (USD530 million) in borrowings and related financing costs should the subsidiary be unable to meet its obligations. The arrangement involves financial institutions brought together by Standard Chartered. Korean Air will own 100% of the catering and duty-free business on completion.