Korean Air drops bid as president-elect expresses caution on sale of KAI
Korean Air Lines said last month it aimed to be Asia's strongest aerospace company by 2020. Even by South Korean standards, the assertion seemed a little ambitious, since the company's aircraft and space division is not a fifth of the size of Mitsubishi Heavy Industries' aerospace company, and hardly compares with the sprawling Avic group in China. A month later, Korean Air's chances of standing at the peak of Asian aerospace look a good deal smaller again. To grow fast, Korean Air ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "Korean Air Opts Out Of KAI Buy".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.