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South Korea's transport ministry and antitrust watchdog have approved the merger of low-cost carriers Jin Air, Air Busan and Air Seoul, clearing the final regulatory hurdle for the three Hanjin-affiliated airlines to operate as a single carrier under the Jin Air brand. The unified Jin Air is scheduled to launch on March 17 next year, with the transport ministry granting approval on conditions including the establishment of a safety operation system, and the Fair Trade Commission approving the business combination report, according to Yonhap and local media reports.