<Anchor> The Korea

Development Bank and the Export-Import Bank decided to provide Korean Air with an emergency fund of KRW 1.2 trillion. The low-cost airline, Estar Air, is expected to be the first layoff among domestic airlines.

I'm Jeong Seong-jin.

<Reporter> Since

the 16th, 70% of employees have entered the paid leave and literally entered the 'lasting'.

The Korea Development Bank and the Export-Import Bank decided to make an emergency transfusion to Korean Air.

The total of KRW 1.2 trillion, including the emergency operating fund of KRW 200 billion and the acquisition of permanent bonds capable of converting stocks, of KRW 300 billion.

The Bank of Korea explained that Korean Air would have liquidity difficulties by the 15th of next month and execute the funds before that.

Assistance is provided on the premise that employment stabilization efforts, high salaries, and dividend restrictions are followed.

Earlier, it decided to support 1.7 trillion won in the form of a minus passbook for Asiana Airlines.

[Huh Hee-young / Professor of Business Administration, Korea Aerospace University: In the first half, it is probably very short-term (at this point) to extinguish the fire to the point of surpassing liquidity

.

Eastar Airlines, which has entered the shutdown of all routes, will launch a massive layoff on the 27th.


[Park Lee-sam / Ista Air Pilot Union Chairman: (Company) did not meet the minimum layoff requirements. He said he didn't even apply for the government employment maintenance subsidy ... ] The

Bank of Korea said that it is not considering additional assistance other than 300 billion won for low-cost airlines.