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South Korea's transport ministry approved the merger of low-cost carriers Jin Air, Air Seoul and Air Busan on Nov. 12, and the Fair Trade Commission also cleared the business combination, Yonhap and Maeil Business report. The three Hanjin-affiliated carriers will operate as a single carrier under the Jin Air brand, with the unified Jin Air launching on March 17 next year, Dong-A Ilbo reports. The ministry attached conditions including establishing a safety operation system, and found no disqualifying issues in governance or financial capability.