Kumho Asiana to sell flagship unit for fresh loans

Cash-strapped Kumho Asiana Group on Monday submitted a new package of self-rescue measures, including the sale of its flagship airline unit, in a desperate move to get additional financial help from its creditors. Kumho Asiana’s creditors, led by the state-run Korea Development Bank (KDB), will hold a meeting to review the group’s revised self-help plans, […]

15 April , 2019Comments Off on Kumho Asiana to sell flagship unit for fresh loansRead More