Asiana Airlines to normalize flights to 1.73 trillion ... Restructuring of three routes

A total of 1.73 trillion won will be spent to normalize Asiana Airlines. The creditors, including the Korea Development Bank, decided to support 1.60 trillion won for Asiana Airlines and KRW130 billion for Kumho Express, the holding company of the group, for buying 500 billion won of corporate bonds.


A total of 1.73 trillion won will be spent to normalize Asiana Airlines.

The creditors, including the Korea Development Bank, decided to support 1.60 trillion won for Asiana Airlines and KRW130 billion for Kumho Express, the holding company of the group, for buying 500 billion won of corporate bonds.

Asiana Airlines plans to restructure three international routes, including Sakhalin, to boost profitability.

ref: sbskr