S. Korea’s Korean Air To Acquire Asiana Airlines
SEOUL, Nov 17 (NNN-YONHAP) – Korean Air Lines, South Korea’s biggest air carrier, will acquire the country’s debt-ridden second-biggest air carrier, Asiana Airlines, it was reported yesterday, state-owned Korea Development Bank (KDB), as saying. The KDB, one of the major creditors of the debt-laden airline, will invest in 500 billion…
