Credit: Rob Finlayson
Jeju Air has signed a deal confirming the purchase of a majority stake in fellow South Korean LCC Eastar Jet at a reduced price than previously estimated. In a Mar. 2 stock exchange filing, Jeju said it will pay KRW54.5 billion ($45.4 million) for a 51.17% share in Eastar Jet. Jeju’s decision...
Subscription Required
Jeju Air Confirms Acquisition Of Eastar Jet is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password
Not a member? Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.
Related Content
