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Korean Air · 003490 (KRX) · Not confirmed

Korean Air SKYPASS by the numbers

Korean Air is the one airline in this series without confirmed figures. Its investor filings are published as PDFs that could not be read for this page, and a number that only a news report gives is not shown here.

Written and reviewed by the Points Plug team. Last reviewed .

What Korean Air reports

Deferred revenue for unredeemed miles
Not confirmed
Korean Air's investor filings could not be read for this page, so no figure is given for its mileage liability or Asiana's.
Members
Not disclosed
No SKYPASS member count was found in a readable source.

Card partners and deals

  • Korean Air co-brand cards are issued by several Korean banks; issuer terms are not disclosed. Korean Air's own filings were not readable for this page, so partner details are not confirmed.

How the miles are accounted for

  • Korean Air's interim and annual reports could not be read for this page, so its accounting policy for miles is not quoted here.
  • Korea's Fair Trade Commission approved the mileage integration plan on 15 September 2026. From 17 December 2026 Asiana Club balances move into SKYPASS: members can convert them at 1:1 for flight-earned miles and 1:0.82 for partner-earned miles, or keep them separately for up to ten years, after which they convert automatically, according to Korean Air's newsroom and Asiana's notice.

What it means

What Korean Air and Asiana have published is how the two programs combine. When the airlines merge on 17 December 2026, Asiana Club balances move into SKYPASS, where they can be converted at 1:1 for flight-earned miles and 1:0.82 for partner-earned miles or kept separately for up to ten years. Korean Air also says it will keep award seat supply at or above pre-merger levels.

For a member the practical consequence is that Asiana miles stay usable for up to a decade after the merger, while partner-earned Asiana miles convert into fewer SKYPASS miles. Korean Air's interim and annual reports are on its investor relations page.

What it means for your Korean Air SKYPASS balance

A program that earns more from selling miles to banks than from flights has an incentive to keep issuing them, and the deferred revenue line is the airline's own estimate of what an average outstanding mile will cost it to honour. Compare that with published valuations and with what Points Plug pays to see where your balance stands.

Korean Air SKYPASS finances: FAQ

How big is Korean Air's mileage liability?
Not confirmed here. Korean Air's interim and annual reports could not be read for this page, so no figure is given; the reports are on Korean Air's investor relations page.
Will Asiana miles expire after the merger?
Not straight away. From 17 December 2026 Asiana Club balances move into SKYPASS, where they can be converted at 1:1 for flight-earned miles and 1:0.82 for partner-earned miles, or kept separately for up to ten years before converting automatically.

Sources

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