Asiana Airlines to keep similar stake in Air Busan

Home > Business > Industry

print dictionary print

Asiana Airlines to keep similar stake in Air Busan

Asiana Airlines said Wednesday its stake in its affiliate, Air Busan, will stand at 44.17 percent after the budget carrier’s planned stock market debut, nearly unchanged from the current level.

Asiana Airlines, the largest shareholder, currently holds a 46 percent stake in Air Busan, which is set to go public on the Kospi on Thursday.

Market insiders have long expected the parent Asiana Airlines to unload part of its stake in the low-cost carrier to secure funds to improve its financial status.


Yonhap

More in Industry

70 percent of workers in Korea are burned out, survey says

Boryung's cancer drug line gets GMP certification

Helping hole

Chaebol revert to remote working as Covid-19 cases rise

CSAT survival tools

Log in to Twitter or Facebook account to connect
with the Korea JoongAng Daily
help-image Social comment?
lock icon

To write comments, please log in to one of the accounts.

Standards Board Policy (0/250자)

What’s Popular Now