Korea's largest budget carrier withdrew from the bidding, which ended on Thursday as Korean Air inches closer to its merger with the No. 2 airline.
Jeju Air, Air Premia, Eastar Jet and Air Incheon all submitted letters of intent as Korean Air seeks to offload the division in order to complete its Asiana takeover.
Debt-ridden Korean budget carrier Eastar Jet resumed international flights on Saturday after a hiatus of 3 years and 6 months.
Eastar Jet, a low-cost carrier grounded for three years, will resume operations soon and fly internationally in the second half.
Eastar Jet will resume operations starting March 26 after three years of suspension, the company announced Tuesday.
More than 100 people have been implicated in illegal hiring at budget carrier Eastar Jet. The prosecution must investigate thoroughly on behalf of jobseekers.
Former ruling Democratic Party (DP) lawmaker Lee Sang-jik is serving a six-year sentence for having embezzled money from Eastar Jet, a budget carrier he founded.
A consortium led by Kanglim, an equipment maker run by underwear company Ssangbangwool, was the only bidder in a Monday auction for cash-strapped budget carrier Eastar Jet.
Financially troubled budget carrier Eastar Jet has received letters of intent from some investors for its stake up for sale and will select a final bidder next month.
The National Assembly on Wednesday passed a motion to allow the arrest of a businessman-turned-lawmaker for a criminal investigation.
Korea JoongAng Daily Sitemap