[Featured Stock] Korean Air Rallies on Defense Competitiveness and Merger Synergy Expectations...Hits Record High

Korean Air continued its upward trend for the third consecutive trading day, hitting a new 52-week intraday high.

As of 10:04 a.m. on the 25th, Korean Air was trading at 27,650 won, up 1,150 won (4.34%) from the previous day. During the session, it climbed to 27,700 won, setting a new 52-week intraday high.

The share price is understood to be driven by expectations of strengthened defense business competitiveness and merger synergies.

Bae Seho, an analyst at iM Securities, said, "This year, sales in the defense sector, including unmanned aircraft and drones, are expected to grow, and collaboration with major defense companies such as Anduril can also be anticipated," adding, "In 2027, synergies from the merger with Asiana Airlines are expected to materialize in earnest. Although short-term earnings improvement may not be significant, there is considerable upside potential for the share price, driven by the expansion of capabilities in the defense business and the merger synergies with Asiana Airlines."

This content was produced with the assistance of AI translation services.