Korean Air (KE, Seoul Incheon) has accepted most of the conditions imposed by European Commission regulators to secure approval for its proposed merger with Asiana Airlines (OZ, Seoul Incheon), and it will formally submit an amended application to Brussels on September 27 accepting those conditions, Yonhap News Agency reported.

The conditions include selling Asiana's profitable cargo arm, exiting certain routes between South Korea and the European Union, and giving up slots at some EU airports. The routes that Korean Air or Asiana have proposed dropping include Seoul Incheon - Rome Fiumicino; Seoul Incheon - Paris CDG; Seoul Incheon - Frankfurt International; and Seoul Incheon - Barcelona El Prat.

ch-aviation capacities data reveals Korean Air and Asiana have a combined 60.06% market share (measured by seat capacity) on the Frankfurt route, which they share with Air Premia (YP, Seoul Incheon) and Lufthansa (LH, Frankfurt International). They have a combined 67.01% market share on the Paris route with Air France (AF, Paris CDG) taking...