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Asiana Airlines: will the Kumho Group sell a third of the shares?

Possible sale for 315 million dollars

Attempts by Kumho Asiana Group to save the South Korean carrier Asiana Airlines, which in recent years has recorded an excessive increase in expenses, increasing its debt almost uncontrollably, continue. The first recovery plan presented to the creditors was rejected by the Korean Development Bank (KDB) because it was deemed impossible to sell due to the sale of some assets and ownership of the Group...

M/A - 1220826

AVIONEWS - World Aeronautical Press Agency
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