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Asiana Airlines says 2019 operating loss 368 bln won
Asiana Airlines Q3 Operating Loss $49 Bln Versus Operating Profit Of $84 Bln Yr Ago
S.Korea's Aekyung Group Says Forms A Consortium For An Asiana Airlines Stake With Stonebridge Capital
ASIANA AIRLINES, INC. is a Korea-based company principally engaged in the provision of air transportation services. Along with its subsidiaries, the Company operates in four business segments: air transportation segment, mainly engaged in the passenger and freight air transportation services, and sale of in-flight duty free products and others; information and communication segment, engaged in the construction, management and maintenance of integrated systems, and sale of computer products; air transportation support segment, mainly engaged in the air cargo handling, cargo terminal leasing and other support businesses, and other business segment, mainly engaged in the leasing and management of bus terminals.
443-83, Ojeong-ro, Gangseo-gu
Jae Hwan Seo
Chang Su Han
Chief Executive Officer, Director
Mi Hyeong Kim
Gwang Hui Ryu
Gyu Yeong Cho
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Airlines are starting to restore services to some destinations and plan more route openings in an expected easing of travel restrictions around the world. By May, airlines around the world had grounded about 95% of their capacity as air travel all but came to a standstill...
South Korea's Asiana Airlines Inc said on Friday its provisional consolidated operating loss for the January-March quarter was 292 billion won ($237 million), after the aviation industry was hit by the coronavirus crisis.
* ASIANA AIRLINES: TO RESTART 13 INTERNATIONAL ROUTES IN JUNE TO PREPARE FOR EASED TRAVEL RESTRICTIONS FROM CORONAVIRUS Further company coverage: (Reporting by Joyce Lee)
South Korea's two state-owned banks said on Tuesday they will provide up to 1.7 trillion won ($1.4 billion) in fresh liquidity to Asiana Airlines <020560.KS>, the country's second-largest carrier, as the industry struggles with the coronavirus crisis.
South Korea's two state-owned banks said on Tuesday they had together decided to provide up to 1.7 trillion won ($1.38 billion) in fresh liquidity to Asiana Airlines which is struggling with the impact of the coronavirus.
South Korea's Asiana Airlines <020560.KS> has asked cabin crew members to take unpaid leaves as the flag carrier's China routes have been reduced due to concerns over the spread of the new coronavirus, a company spokesman said on Wednesday.
South Korea's Asiana Airlines has asked cabin crew members to take unpaid leaves as the flag carrier's China routes have been reduced due to concerns over the spread of the new coronavirus, a company spokesman said on Wednesday.
South Korean builder Hyundai Development Co <294870.KS> said on Friday its consortium has closed on its 2.5 trillion won ($2.16 billion) acquisition of a controlling stake in the country's second-biggest carrier Asiana Airlines Inc <020560.KS>.
South Korean builder Hyundai Development Co said on Tuesday its consortium has been picked as the preferred bidder for a controlling stake in Asiana Airlines and would inject over $1.7 billion into the debt-ridden carrier.
A consortium led by South Korea's construction firm Hyundai Development Co has been picked as the preferred bidder for a controlling stake in Asiana Airlines, the carrier's top shareholder Kumho Industrial said on Tuesday.
An airplane operated by South Korea's Asiana Airlines <020560.KS> bound for Singapore made an emergency landing in Manila late on Saturday due to an engine problem, a company spokesman said.
Three bidders, including a consortium led by South Korean conglomerate Aekyung, submitted formal bids for a controlling stake in Asiana Airlines Inc , the country's No. 2 carrier, company officials said on Thursday.
A consortium led by South Korean retail-to-airline group Aekyung submitted a formal bid for a controlling stake in Asiana Airlines Inc, the country's No. 2 carrier, on Thursday, Aekyung said on Thursday.
South Korean retail-to-airline group Aekyung and activist fund KCGI plan to participate in preliminary bidding for a stake in Asiana Airlines, the country's No.2 carrier on Tuesday, company officials said.
South Korea's retail-to-airline group Aekyung and activist fund KCGI plan to participate in preliminary bidding for a stake in Asiana Airlines, the country's No.2 carrier, sources with direct knowledge of the matter told Reuters.
South Korea's activist fund KCGI, the second-largest shareholder in the parent company of Korean Air Lines Co Ltd <003490.KS>, said it was looking to buy a controlling stake in Asiana Airlines <020560.KS>, helping send shares of the carrier up 26%.
* S.Korea's No.2 airline up for sale, initial bids on Sept. 3
South Korea's activist fund KCGI, the No.2 shareholder in the parent company of Korean Air Lines , is interested in buying rival carrier Asiana Airlines, KCGI Chief Executive Officer Kang Sung-boo told Reuters on Monday.
South Korea's Asiana Airlines Inc said on Tuesday it plans to switch to smaller planes for some of its Japan routes starting September due to declining demand amid a worsening diplomatic and economic row between South Korea and Japan.
The top shareholder of Asiana Airlines Inc <020560.KS> has kicked off the sale of its stake in the debt-laden South Korean carrier, an official at Asiana's parent group said on Thursday.
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