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Korean Air to Spend $1.6Billion to Become Asiana Airlines' Top Shareholder

Korean Air Lines Co Ltd 003490.KS plans to spend 1.8 trillion won ($1.62 billion) to become the top shareholder of indebted Asiana Airlines Inc 020560.KS, in aviation's first major consolidation since COVID-19 brought the industry to its knees. ( More...

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Paul Miller 1
And just a few Months ago now, Korean Air refused to allow Asiana's Pilot's to have use of their Flight Simulators to keep current with their pilots licences ? mmmmmmmm How things change.


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