Asiana Airlines Inc (020560.KS)
15 Jul 2019
JEJU, South Korea Kim Bo-Min, a Starbucks barista, paid 140,000 won ($118) for a round-trip from her hometown of Daegu to the popular resort island of Jeju, arriving on T'Way Air Co Ltd, part of South Korea's rapidly growing low-cost airline sector.
* Carriers like Jeju Air, T'Way take advantage of rising demand
SEOUL, May 7 South Korea's Asiana Airlines said on Tuesday it plans to suspend three international air routes starting early July to improve profitability.
SEOUL, April 25 South Korea's Kumho Industrial Co Ltd said on Thursday it has hired Credit Suisse to manage the sale of its stake in Asiana Airlines.
SEOUL South Korean creditors plan to provide 1.6 trillion won ($1.40 billion) in financial support to debt-laden Asiana Airlines Inc, the country's finance minister said on Tuesday, alleviating liquidity problems after a bruising month.
* Creditors offer to buy 500 bln won of perpetual bonds -finmin
SEOUL Asiana Airlines' creditors are working on a financial support plan for the debt-laden South Korean carrier that would target a sale of the airline and its two budget affiliates over the next six months, its main creditor said.
* Creditors to come up with financial support plan by April 25-KDB chief
SEOUL, April 16 Creditors of Asiana Airlines aim to come up with a financial support plan for the debt-laden South Korean carrier by April 25 to help relieve its liquidity problems, the chairman of its main creditor, Korea Development Bank, said on Tuesday.
SEOUL The top shareholder of South Korea's second-largest carrier, Asiana Airlines, said on Monday it would sell its entire stake in the debt-ridden firm to keep it afloat, sending shares of the carrier and its budget arm 30 percent higher.