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South Korea's transport ministry and antitrust regulator have approved the merger of Jin Air, Air Busan and Air Seoul, clearing the final regulatory hurdle for the three low-cost carriers to operate as a single carrier under the Jin Air brand. The integrated Jin Air is set to launch on March 17 next year, with the transport ministry approving the consolidation on condition of establishing a safety operation system, and the Fair Trade Commission also approving the business combination, Yonhap and other outlets report. All three carriers are affiliates of the Hanjin group.