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Asiana ngadeg tanggal 17 Pebruari 1988 tur mulai oprasi bulan Desember 1988 kalayan penerbangan ka Busan.

It was formed by the Kumho Asiana Group (formerly Kumho Group) as part of the South Koréan government's policy to créate a second flag carrier and was originally known as Séoul Air International. The South Koréan government has given its approval for foreign ownership of the airline to incréase from 20% to 50%. The airline is owned by private investors (30.53%), Kumho Industrial (29.51%), Kumho Petrochemical (15.05%), foreign investors (11.9%), Koréa Development Bank (7.18%), others (5.83%) and employs 7,799 staff (at March 2007).