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View Full Version : Asiana up for sale


txl
15th Apr 2019, 12:37
Troubled Korean conglomerate Kumho wants to sell Asiana Airlines. Apparently, big groups like SK or Hanwha are interested:

Desperate Kumho Asiana decides to sell flagship carrier (http://www.koreaherald.com/view.php?ud=20190415000708)
Under a mountain of debt and pressure from creditors, Kumho Asiana Groupís board of directors decided Monday to sell its core unit Asiana Airlines, a day after the creditors rejected its latest self-rescue proposal amid a snowballing liquidity crisis.