▲ Red-eye airline workers


Following the corona 19 incident, the merger and acquisition of Jeju Air and Easta Airways have collapsed, raising the sense of crisis in the airline industry.

As concerns about bankruptcy and mass unemployment of Easta Airlines have increased, the possibility of additional bankruptcy by low-cost airlines and LCC companies has also been raised.

First of all, Easta Airlines decided to file a lawsuit against the termination of the contract against Jeju Air.

The position of Jeju Air is different from that agreed in the stock sales agreement, and Jeju Air has no authority to cancel the contract.

In response, the union is in a position to hurry to the corporate rehabilitation process.

"The company is only taking time to attract ineffective investors and bring litigation," said Lee Sam-sam, chairman of Eastar Airlines' pilot union.

In the aviation industry, there are concerns that additional bankruptcy may occur in the LCC industry, which is competing for domestic bleeding.

In the aftermath of the peak summer season, the summer vacation corona19, it is difficult to expect performance as in the past year, and the government's due date for imminent support for employment maintenance is imminent. Comes out.

Earlier, the LCC president also appealed to prevent the mass unemployment and the collapse of the aviation industry by extending support for employment maintenance.

The government also said it was discussing further support for the LCC industry, but as the corona19 pandemic continues, it is still unclear whether HDC Hyundai Development will acquire Asiana Airlines, and the crisis in the airline industry will likely continue for some time.

(Photo = Yonhap News)