Korean Air has decided on a substantial issue of new shares as part of its efforts to raise KRW2.2 trillion ($1.8 billion) in funds to boost liquidity during the COVID-19 crisis. The airline’s board has approved the planned stock offering, which would raise an estimated KRW1 trillion. The remainder...
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Korean Air Increases Liquidity Cushion With Planned Share Issue is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
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