Asiana Airlines

South Korea’s Asiana Airlines get support from creditors worth $1.4 billion

By admin1 on April 23, 2019 • ( 0 )

The development will alleviate short term liquidity problems for the airlines. Long term issues however will need to be dealt with. Asiana has taken on considerable debt. On Tuesday, South Korea’s finance minister Hong Nam-ki stated, South Korean creditors plan… Read More ›

Creditors for South Korea’s Asiana Airlines mull support plan

By admin1 on April 16, 2019 • ( 0 )

Creditors for debt-laden South Korean airlines will come up with a financial support plan either by late April or early May. On Tuesday, as per a statement from the Korea Development Bank, the principle creditor of Asiana Airlines, creditors are… Read More ›