Lee Su-ji resigns as director of Eastar Holdings
Lee Su-ji resigned as director of Eastar Holdings, though she will remain CEO of the company.
Eastar Jet founder reported to prosecution by pilot's union
Eastar Jet’s pilot union reported founder Lee Sang-jik to the prosecutors for tax evasion and lying on disclosure forms filed for his National Assembly candidacy.
Jeju Air claims it can now walk away from Eastar Jet deal
Jeju Air claimed Thursday it now has the legal right to call off its acquisition of debt-laden Eastar Jet, a move that would not only likely doom Eastar but may also bring into question the acquisition of Asiana Airlines.
Eastar Jet founder to 'donate' shares in airline
Eastar Jet founder Lee Sang-jik announced Monday his family will be "donating" all the shares it owns in the troubled airline, as the acquisition of the airline by Jeju Air hangs in the balance.